Clarification sought from Financial Technologies (India) Ltd
The Exchange has sought clarification from Financial Technologies (India) Ltd with respect to news article appearing on ET NOW on July 19, 2016 titled "Mumbai police attaches assets of Financial Technology."The reply is awaited. Jignesh Shah sent to judicial custody in NSEL scam case
ED arrested Shah on July 12 under PMLA on fresh findings related to Rs 3,721 cr money trail Maharashtra govt sets up special court to fast-track NSEL case
First hearing slated for Tuesday ED's arrest of Jignesh Shah sparks fear of incarceration among other accused
MUMBAI: The Enforcement Directorate's arrest of Jignesh Shah, founder of 63 moons promoter of the scam hit National Spot Exchange (NSEL) appears to have sparked fears of similar incarceration among the other accused in the case. Anjani Sinha, the disgraced MD & CEO of NSEL, did not respond to calls by ED to produce himself before the agency. Shah, who responded to the ED call, was arrested on Tuesday night. Also, two directors of Mohan Infracon, one of the accused defaulters, sought anticipatory bail from the Bombay High Court but were told to move the Prevention of Money Laundering Act (PMLA) court, which is hearing the ED case against the accused. "Shreekant Javalgekar (former 63 moons group CFO) did come but Sinha did not," an ED official told ET. "Two directors of the accused company were directed to move the PMLA court for AB (anticipatory bail)." A total of 68 entities, including Shah, were named as accused in the ED chargesheet filed in March last year. They were to appear before the PMLA court on July 5 but many of them represented by their lawyers prayed for leave to appear personally at the next date of hearing, which the court fixed as July 18 (Monday). The ED official said that not appearing on that date (July 18) would deem the accused to be absconders. Among the accused are NSEL, twenty four defaulters like NK Proteins, Mohan India, on the exchange, NSEL directors like Anjani Sinha, Shreekant Javalgekar, Joseph Massey, Shah, among others. Sinha's phone was switched...
Jignesh Shah sent to police custody till 18 July
FTIL founder Jignesh Shah was arrested by ED on Tuesday for allegedly not cooperating with the investigation Shareholding for the Period Ended June 30, 2016
Financial Technologies (India) Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2016. For more details, kindly Click here FTIL shares slump nearly 10% after Jignesh Shah's arrest
FTIL shares slump nearly 10% after Jignesh Shah's arrest Press Release
Financial Technologies (India) Ltd has informed BSE that Enforcement Directorate, Mumbai, has stated in the media that Mr. Jignesh Shah, Promoter of 63 moons technologies limited (formerly Financial Technologies (India) Limited) has been placed under arrest. Further the Company has submitted a copy of media release dated July 12, 2016.
Jignesh Shah arrested by ED in NSEL scam
ED will produce Jignesh Shah before a special Prevention of Money Laundering court on Wednesday Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended June 30, 2016
Financial Technologies (India) Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended June 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.