KLG Systel’s management is in the process of planning a revival. The company has closed all the operations for the time being due to failure of CDR Scheme and NPA status. It is also in talk with SBI to explore revival of the company as the bank had earlier intimated the company that they shall proceed with sale of promoter shares if dues are not paid by May 15, 2013.
KLG Systel provides solutions for IT enablement to organizations in the areas of Oil and Gas, Manufacturing, Retail, Infrastructure, Power, Process, and new economy industries such as Information Technology, Telecommunications and the service sector.