Financial Technologies revises agreement for sale of equity shares of MCX-SX

08 Dec 2014

Financial Technologies (India) (FTIL) has entered into an amendment to the share purchase and warrant agreement with  Rakesh Jhunjhunwala for the sale of additional 165,000 equity shares of MCX Stock Exchange (MCX-SX) for a consideration of Rs 2,47,500. Post completion of the above transaction, the company would completely exit MCX-SX.

MCX-SX offers an electronic, transparent and hi-tech platform for trading in Capital Market, Futures & Options, Currency Derivatives and Debt Market segments.

FTIL is a flagship company of the Financial Technologies Group. It provides technology solutions and domain expertise for digital transactions and financial markets across all asset class including equity, commodities, currency and debt.

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