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63 Moons Technologies Ltd.

BSE: 526881 Sector: IT
NSE: 63MOONS ISIN Code: INE111B01023
BSE 00:00 | 24 Apr 2020 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

October 1, 2015, 6:18 pm | Source: BSE

The Exchange had sought clarification from Financial Technologies (India) Ltd with respect to news article appearing in Mint on October 1 2015 titled FTIL barred from issuing dividend

Financial Technologies (India) Ltd replied stating We wish to inform as under:

The Honble Bombay High Courts Order dated September 30 2015 inter-alia states that FTIL shall not distribute any dividend amongst its shareholders and shall also not deposit any amount in compliance with Section 123 sub-clause (iv) of the Companies Act 1956.

The next date of hearing in the abovesaid matter is scheduled on October 05 2015. We will keep you inform further developments in the aforesaid matter.