FTIL sells 1.65 lakh shares of MCX-SX to Rakesh Jhunjhunwala

09 Dec 2014

Financial Technologies India (FTIL) had exited completely from MCX-SX was erroneously stated as nominal 165,000 equity shares were missed out due to decimal calculation which was subsequently sold to Rakesh Jhunjhunwala by entering into an amendment agreement completing the sale of total share of 2,71,65,000 on the basis of the present capital of MCX-SX. Hence, after the sale of nominal 165,000 shares, subject to certain conditions precedent, the Company has completely exited from MCX-SX.

Financial Technologies 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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