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ZICOM ELECTRONIC SECURITY SYSTEMS LTD. - Sale of investment in Companys subsidiary 2020 Imaging India Limited (formerly known as Zicom CNA Automation Limited)
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25 Mar 2014
Zicom Electronic Security Systems Ltd has informed BSE that in accordance with the decision taken by the Board at its meeting held on February 12, 2013 to sell-off the entire shareholding (100%) held by the Company in its wholly owned subsidiary 2020 Imaging India Limited (formerly known as Zicom CNA Automation Limited); the Company has now sold off its entire shareholding in the said subsidiary at a lumpsum price of USD 60,000 (approx INR 36,75,000/-).&lt;br/&gt;&lt;br/&gt;The proposed sale is subject to necessary approvals from relevant authorities and provisions of applicable legislations.
View all announcements for ZICOM ELECTRONIC SECURITY SYSTEMS LTD. Source: BSE India