Financial Technologies (India) (FTIL) - wholly owned subsidiary - FT Group Investments, Mauritius (FTGIPL), 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, on February 04, 2016.
Earlier in January this year, FTGIPL had entered into a Share Purchase Agreement (SPA) with DMCC for sale of its 14.3% stake held in DGCX for an aggregate consideration of $5,775,000.
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.
