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| Exchange Disseminated Time 28/01/2016 19:05:06 | Financial Technologies (India) Ltd has informed BSE that FT Group Investments Pvt. Ltd., Mauritius (FTGIPL), a wholly owned subsidiary of the Company, on January 28, 2016, entered into a Share Purchase Agreement with Dubai Multi Commodities Centre (DMCC), for sale of its 14.3% stake held in DGCX for an aggregate consideration of USD 5,775,000.
The said transaction is subject to fulfillment of certain conditions including regulatory approvals, if any.
Post completion of the above said transaction, FTGIPL would be completely exiting Dubai Gold and Commodities Exchange (DGCX). |
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