Zicom Electronic bags order worth Rs 7.5 crore

Zicom Electronic bags order worth Rs 7.5 croreMumbai-headquartered Zicom Electronic Security Systems Ltd has bagged an order worth Rs 7.5 crore. The company has not disclosed the name of the buyer firm.

The contract involves supply, installation, commissioning and project management of wireless broadband outdoor surveillance system for Gurgaon on turn key basis.

Recently, company's board has approved raising up to $20 million funds, through issue of overseas convertible bonds, global depositary receipts or other instruments.

Zicom Electronic, founded in 1995, provides electronic security solutions in India. The company's customers primarily include various companies in the fields of infotech, telecom, media, banking, finance, and industrial.

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