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| Exchange Disseminated Time | | Nelco Ltd has informed BSE that as part of restructuring, the Board of Directors of the Company at its meeting held on March 18, 2015 accepted the offer received from Securens Systems Private Limited for the transfer of "Managed Services business" as a "going concern" on a "slump sale" basis at a consideration upto Rs.2.60 crores with effect from April 01, 2015. This shall be subject to concluding a definitive agreement and various approvals and consents from the Members as required under applicable law. |
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