Nelco has informed that the Board of Directors of the Company at its meeting held on April 03, 2014, 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.
The above information is a part of company’s filings submitted to BSE.
