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| Exchange Disseminated Time 23/03/2016 16:51:06 | The Exchange had sought clarification from Financial Technologies (India) Ltd with respect to news appearing in Business Line on March 19, 2016 titled "FTIL-NSEL merger: Stay on MCA final order extended till April 22."
Financial Technologies (India) Ltd replied stating "Please note that the Hon'ble Bombay High Court has extended the stay on Final Order till April 22, 2016., as per the information available on the website of Hon'ble Bombay High Court.
As informed to you earlier, that as per the Hon'ble Bombay High Court Order dated February 04, 2015, any adverse Order would be automatically stayed for a period of two weeks. The next listing date of the matter is April 22, 2016." |
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