Cambridge Technology Enterprises informs about outcome of board meeting

19 Nov 2015 Evaluate

Cambridge Technology Enterprises has informed that the Board of Directors of the Company at its meeting held on November 18, 2015, has considered, took note and approved the Draft Scheme providing for writing off Goodwill and Accumulated Losses against balance lying in securities premium account of the Company. The Board also took note that Scheme of Reduction of Capital does not involve reduction in the issued, subscribed and paid share capital of the Company.

The above information is a part of company’s filings submitted to BSE.

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