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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

Clarifies on News item

November 21, 2014, 5:13 pm | Source: BSE

The Exchange has sought clarification from the company with respect to the news media report appearing on CNBC TV 18 on November 17 2014 titled Fin Tech unfit to run Exchanges - Bombay HC upholds FMC order

The Company has replied stating As reported in the media High Court refuses to stay FMC order on FTIL and as stated in the said media report the Honble Bombay High Court refused to grant any relief but gave liberty to the Company to file special leave petition before the Supreme Court. Accordingly the Company is taking appropriate steps in the matter in consultation with legal Counsel of the Company.

The matter was reported to the Stock Exchanges in December 2013 vide our letter dated December 19 2013 since then the matter is on-going.

As a respectable corporate any definitive decision or announcement as required under Clause 36 of the Listing Agreement will be first intimated to the Exchanges as we have adhered in the past.

As a responsible corporate and as a matter of good corporate governance practice any price sensitive information pertaining to operations or performance of the Company or such other information as required under Clause 36 of the Listing Agreement will be first notified to the Stock Exchanges to comply with the Listing Agreement.