Nexxoft Infotel has reviewed the operations of its 100% subsidiary company and considering the current company’s financial position and market conditions, the company has decided to liquidate the investment in the subsidiary to meet part of its obligations. The board of directors at its meeting held on May 30, 2013 has approved for the same.
Nexxoft Infotel is a premier manufacturing solutions company focused on enabling materials handling efficiency, supplier and customer collaboration, and increased demand planning accuracy.
