Nucleus Software to invest Rs 30 crore in Jaipur SEZ

New Delhi, Apr 28 (UNI) Software products company Nucleus Software today said it will invest Rs 30 crore in 17 acres of land in a notified SEZ in Jaipur for further expansion.

''We will invest Rs 20 to 30 crores in the facility for 1,000 people and the main area of focus in the SEZ will be development of products and catering to the needs of service clients,'' CMD Nucleus Software, Vishnu R Dusad told reporters here.

The company is also planning to increase its head count to 2,500 by the end of next year, added Mr Dusad.

Nucleus Software which provides software solutions to the banking and financial services industry, with its flagship product -FinnOne has also recommended a final dividend of 30 per cent that is Rs 3 per share of par value Rs 10.

UNI AK PDT DS1415