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Board of PCS Technology approves proposal to sell LIMS

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Capital Market
Last Updated : Nov 05 2016 | 12:04 AM IST

At meeting held on 04 November 2016

PCS Technology announced that the Board of Directors of the Company at its meeting held on 04 November 2016 have approved the proposal for sale of its product - Laboratory Information Management System (LIMS) along with registered copyrights. Currently, the said LIMS product does not contribute any significant value in total turnover and profits of the Company. Therefore, the sale of this item will note adversely impact on the company's profitability.

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First Published: Nov 04 2016 | 2:11 PM IST

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