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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

Sale of stake in Dubai Gold and Commodities Exchange (DGCX)

January 28, 2016, 7:05 pm | Source: BSE

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 5775000.

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).