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Financial Technologies (India) gets nod for sale of BAL

07 Jan 2015 Evaluate

Financial Technologies (India) (FTIL) has received an approval for sale of Bourse Africa (BAL), Mauritius. The board of directors at their meeting held on January 06, 2015 has approved the postal ballot notice for obtaining shareholders’ approval for sale of BAL, by FT Group Investments. The entire process of postal ballot is expected to be completed by end of February, 2015.

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.

Peers
Company Name CMP
TCS 2255.50
Infosys 1055.70
HCL Technologies 1314.10
Wipro 167.75
Tech Mahindra 1535.00
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