Updates on Sale of stake in MCX Stock Exchange Ltd (MCX-SX)
With reference to earlier announcement dated November 26, 2014 regarding Sale of stake in MCX Stock Exchange Ltd (MCX-SX), Financial Technologies (India) Ltd , has informed BSE that the Company has entered into an amendment to the Share Purchase and Warrant Agreement with Dr. Rakesh Jhunjhunwala for the sale of additional 1,65,000 equity shares for a consideration of Rs. 2,47,500/-.... Clarification sought from Financial Technologies (India) Ltd
The Exchange has sought clarification from Financial Technologies (India) Ltd with respect to the disclosure made by the Company on November 26, 2014, which stated, "Financial Technologies (India) Ltd. ("FTIL") entered into a Share and Warrant Purchase Agreement with Dr. Rakesh Jhunjhunwala and separate Warrant Purchase Agreements with M/s. Edelweiss Financial Services Limited, M/s. Trust Investment Advisors Pvt. Ltd. Ms. Viral A. Parikh, M/s. Nemish... Financial Technologies (India) Ltd reply to clarification sought by the exchange
The Exchange had sought clarification from Financial Technologies (India) Ltd with respect to news appearing in Economic Times on December 01, 2014 titled "FTIL Gets Time till Jan 4 to Complete IEX Stake Sale."Financial Technologies (India) Ltd replied stating "we wish to clarify that the Company had vide letter dated November 05, 2014 intimated the stock exchanges about the Divestment of equity shares of Indian Energy Exchange (IEX] which... Clarification sought from Financial Technologies (India) Ltd
The Exchange has sought clarification from Financial Technologies (India) Ltd with respect to the news media report appearing on Economic Times on December 01, 2014 titled "FTIL Gets Time till Jan 4 to Complete IEX Stake Sale" The reply is awaited. Sale of stake in MCX Stock Exchange Ltd (MCX-SX)
Financial Technologies (India) Ltd has informed BSE that Financial Technologies (India) Ltd. ("FTIL") on November 25, 2014, entered into a Share and Warrant Purchase Agreement with Dr. Rakesh Jhunjhunwala and separate Warrant Purchase Agreements with M/s. Edelweiss Financial Services Limited, M/s. Trust Investment Advisors Pvt. Ltd. Ms. Viral A. Parikh, M/s. Nemish S. Shah H.U.F., M/s, Derive Investments, Mr. Kalpraj Dharamshi, Mr. Dhanesh Sumatilal... Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Financial Technologies (India) Ltd has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992 Clarifies on News item
The Exchange has sought clarification from the company with respect to the news media report appearing on CNBC TV 18 on November 17, 2014 titled " Fin Tech "unfit" to run Exchanges - Bombay HC upholds FMC order" The Company has replied stating "As reported in the media 'High Court refuses to stay FMC order on FTIL' and as stated in the said media report 'the Hon'ble Bombay High Court refused to grant any relief but gave liberty to the Company... Press Release - (Change in Directorate)
Financial Technologies (India) Ltd has submitted to BSE a copy of Press Release dated November 20, 2014 issued by the company on Change in Directorate. Clarification sought from Financial Technologies (India) Ltd
The Exchange has sought clarification from Financial Technologies (India) Ltd with respect to the media report appearing on CNBC TV 18 on November 17, 2014 titled "Unfit to run Exchanges - Bombay High Court upholds FMC order"The reply is awaited. Sale of Bourse Africa Limited (BAL), Mauritius
Financial Technologies (India) Ltd has informed BSE that the Board of FT Group Investments Pvt. Ltd. Mauritius., (FTGIPL). a wholly owned subsidiary of Financial Technologies (India) Ltd. (FTIL) on November 17, 2014 approved the sale of 100% of its stake in Bourse Africa Limited, Mauritius (together with its wholly owned subsidiary Bourse Africa Clear Ltd.) to Continental Africa Holdings Limited (CAHL), Mauritius, for US$ 40.5 million, subject...