Held on 03 April 2014
Nelco has announced that the Board of Directors of the Company at its meeting held on 03 April 2014, inter alia, has approved the restructuring of the Company's Industrial Security & Surveillance Solutions business (ISSS business), by restricting operations and reducing expenditure with a view to minimize losses. This will be subject to necessary approvals / consents / permissions.However, the Company will continue to focus on building its position in the Network Systems business.
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