Shivanand Mankekar acquires stake in Financial Technologies

20 Mar 2014

Laxmi Shivanand Mankekar, a well-known investor has acquired 6.50 lakh shares in Financial Technologies for Rs 24.7 crore through open market route. Mankekar has bought shares from Om Kedar Investments at an average price of Rs 380 apiece, amounting the transaction to Rs 24.7 crore.

This is the second time in nearly a week that Mankekar has acquired shares of Financial Technologies. The investor on March 13 picked up 7 lakh scrips of Financial Technologies for Rs 27.23 crore from Om Kedar Investments.

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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