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63 Moons Technologies Ltd.

BSE: 526881 Sector: IT
NSE: 63MOONS ISIN Code: INE111B01023
BSE 15:53 | 27 Mar 2018 63 Moons Technologies Ltd
NSE 05:30 | 01 Jan 1970 63 Moons Technologies Ltd

Financial Technologies (India) Ltd reply to clarification sought by the exchange

February 4, 2015, 9:30 am | Source: BSE

The Exchange had sought clarification from the company with respect to news article appearing in The Economic Times on February 3 2015 titled Govt Prays to HC to Vacate Stay of FTIL-NSEL Merger Order

The company replied stating We wish to inform you that the Stock exchanges have already been informed about the filing of writ petition by the Company before the Honble Bombay High Court vide our letter dated Nov. 12 2014 challenging the issuance of the draft Order and/or any forced amalgamation as proposed.

The Ministry of Corporate Affairs has filed an application for interim relief which application will be opposed by us.

The above reporting by The Economic Times is only on the aforesaid ongoing case which is scheduled for hearing on February 04 2015. Since the matter is subjudice we do not wish to comment on the same.