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Update on Sale of stake in Dubai Gold and Commodities Exchange (DGCX)

With reference to the earlier letter dated January 28, 2016 regarding Updates on Sale of stake in Dubai Gold and Commodities Exchange (DGCX), Financial Technologies (India) Ltd has now informed BSE that FT Group Investments Pvt. Ltd., (a wholly owned subsidiary of the Company), on February 04, 2016, has concluded the transaction relating to sale of its 14.3% stake in DGCX to Dubai Multi Commodities Centre (DMCC), a Government of Dubai enterprise.
04-02-2016

FTIL-DGCX deal valuation sparks investor concern

The transaction, announced last week, was done at a valuation of around $40 million, which means FTIL received $11 million for its 27.3% stake
04-02-2016
Bigul

Updates

Financial Technologies (India) Ltd has informed BSE about the Reply to Media queries related to the sale of FT Group's (FTIL and FTGIPL) 27.3% stake in DGCX.
03-02-2016
Bigul

Shareholding for the Period Ended December 31, 2015

Financial Technologies (India) Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2015. For more details, kindly Click here
03-02-2016
Bigul

Financial tech firm Global Analytics looking to kick-start lending operations in India

Currently, the firm delivers online financial products in the UK
02-02-2016
Bigul

Board Intimation for Results & Closure of Trading Window

Financial Technologies (India) Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on February 10, 2016, inter alia, to consider and approve the standalone Un-audited financial results of the Company for the third quarter and nine months ended December 31, 2015.Further, in accordance with the Companys Code of Conduct for Prevention of Insider Trading (the Code) read with applicable provisions...
29-01-2016

FTIL to sell 14.3% stake in DGCX

After the transaction, valued at $5.7 million, FTIL will cease to hold any shares in DGCX
29-01-2016
Bigul

Sale of stake in Dubai Gold and Commodities Exchange (DGCX)

Financial Technologies (India) Ltd has informed BSE that FT Group Investments Pvt. Ltd., Mauritius (FTGIPL), a wholly owned subsidiary of the Company, on January 28, 2016, entered into a Share Purchase Agreement with Dubai Multi Commodities Centre (DMCC), for sale of its 14.3% stake held in DGCX for an aggregate consideration of USD 5,775,000....
28-01-2016
Bigul

Updates on Sale of stake in Dubai Gold and Commodities Exchange (DGCX)

Financial Technologies (India) Ltd has informed BSE that Financial Technologies (India) Ltd. ("FTIL"), on January 28, 2016, entered into a Share Purchase Agreement with Dubai Multi Commodities Centre (DMCC), for sale of its 13% stake in DGCX for an aggregate consideration of USD 5,225,000.The said transaction is subject to fulfillment of certain conditions including regulatory approvals, if any....
28-01-2016
Bigul

NSEL challenges Financial Intelligence Unit penalty

National Spot Exchange moves Appellate Authority under anti-money laundering law
25-01-2016
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