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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 Bourse Africa Limited (BAL) Mauritius

November 17, 2014, 6:31 pm | Source: BSE

Financial Technologies (India) Ltd has informed BSE that the Board of FT Group Investments Pvt. Ltd. Mauritius. (?FTGIPL?). a wholly owned subsidiary of Financial Technologies (India) Ltd. (?FTIL?) on November 17 2014 approved the sale of 100% of its stake in Bourse Africa Limited Mauritius (together with its wholly owned subsidiary Bourse Africa Clear Ltd.) to Continental Africa Holdings Limited (CAHL) Mauritius for US$ 40.5 million subject to certain approvals in Mauritius and in India as may be applicable.

FTGIPL on November 17 2014 signed a definitive agreement with CAHL subject to certain customary closing conditions. The entire transaction is expected to be completed within the next 210 days.