Himachal Futuristic-50 Per Cent Net Worth Eroded. Why Should You Hol
Himachal Futuristic Communications Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 28, 2008, has decided to call an Extra Ordinary General Meeting (EGM) of the Shareholders of the Company on February 25, 2008, to consider and adopt the Report of the Board of Directors on the erosion of fifty percent or more of the Company's peak net worth during the immediately preceding four financial years in terms of the compliance of the provisions of Section 23 (1) of the Sick Industrial Companies (Special provisions) Act, 1985.
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