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Zicom India Selling electronic security system business units

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Zicom India is a premier security system manufacturing Company. Today According to news Zicom India has announced the news of selling its two units of electronic security system business. They have agreed to sell it to the Indian arm of Schneider Electric on the cost of 2.25 billion rupees.

They said to BSE that they will sell its business catering to the govt. & institutional markets. Zicom decides the premium as MRP for the deal, which is the value of the entire unit, as 1.43 billion Advertisements

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