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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 further reply to clarification sought by the exchange

January 13, 2016, 5:37 pm | Source: BSE

The Exchange had sought further update with respect to Honble Court matter to be held on January 12 2016 from Financial Technologies (India) Ltd with respect to news article appearing in Mint on October 01 2015 titled FTIL barred from issuing dividend.

Financial Technologies (India) Ltd replied stating You will appreciate that the Company has already intimated to the stock exchanges and the 63000+ shareholders on dividend matter.

As per Regulation 30 of the Listing Regulations the same is being complied with and once the outcome of the Notice of Motion comes out the same will be informed immediately to you and the shareholders.

You will appreciate that it is not required as per Listing Regulations to inform to the stock exchanges about the on-going matters at intermittent stage where the Court decides the date of hearing without any outcome thereto.

Hence we will intimate you once the final outcome of Notice of Motion is pronounced by the Honble Judge of Bombay High Court.