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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

Update on divestment in Indian Energy Exchange Limited (IEX)

October 14, 2015, 6:45 pm | Source: BSE

With reference to the earlier communication dated October 07 2015 regarding Update on divestment in Indian Energy Exchange Limited (IEX) Financial Technologies (India) Ltd has now informed BSE that the Company has concluded the sale of 11% equity stake in IEX on fully diluted basis with M/s. DCB Power Ventures Limited and M/s. Kiran Vyapar Limited and accordingly 3336149 equity shares has been transferred to the above two Purchasers from the Escrow Account with Axis Bank Ltd.

With the conclusion of the above transaction the Company has completed the sale of 13.60% stake in IEX on fully diluted basis.

The Company will adhere to the directions of Hon?ble Supreme Court in the captioned subject matter.