Zicom Electronic Security Systems has sold off its entire shareholding in 2020 Imaging India at a lump sum price of $60,000 approximately Rs 36.75 lakh. The company has taken this step in accordance with the decision taken by the board at its meeting held on February 12, 2013 to sell-off the entire 100% shareholding held by the company in its wholly owned subsidiary 2020 Imaging India (formerly known as Zicom CNA Automation). The proposed sale is subject to necessary approvals from relevant authorities and provisions of applicable legislations.
Zicom Electronic Security Systems is engaged in the business of developing security systems. The company offers a wide array of products and solutions such as CCTV surveillance system, access control system, fire alarm system, multi-apartment video door phones, alarm system, fingerprint locks, video door phones and telecom tower security as well as advanced security training and management.
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