The company offloaded its stake in IEX to a non-resident investor for Rs 103 crore, valuing the energy exchange at Rs 2,500 crore.

Financial Technologies (FTIL) today exited from Indian Energy Exchange (IEX) by selling its entire 19.06 per cent stake in the bourse.

FTIL today said that it has entered into an agreement with Madison India for sale of 1.58 per cent stake in Indian Energy Exchange for Rs 3...

FTIL said it has entered into an amended share purchase agreement with five buyers to sell its 19.06% stake in IEX for Rs 409.95 cr.

PFS’ refusal to the deal is likely to have serious implications on the proposed move by FTIL to divest its little over 27% stake in the exc...

Last month, FTIL entered into about Rs 576-crore deal to offload its 25.64 per cent shareholding in the bourse. The stake is to be sold to ...

CERC has given Financial Technologies time till January 4 to comply with its directive to complete sale of its entire stake in Indian Energ...

FTIL decided to exit the exchange business and focus on its core technology business after the Rs 5,600 crore scam surfaced at its Indian s...

The Central Electricity Regulatory Commission had ordered FTIL to sell its stake after it was declared not ‘fit and proper’ to hold stakes ...

FTIL said it will fully exit IEX by selling its entire stake to a clutch of investors, including TVS Shriram Growth Fund, for Rs 576.84 cro...

The CERC's decision came on a plea filed by Financial Technologies (India) Ltd seeking more time to complete the divestment process.

Jignesh Shah-led FTIL is in process of divesting its stake in stocks & energy exchanges after it was declared unfit by SEBI, FMC & CERC.

Though as many as nine prospective buyers have taken the bid document, only Kedaara Capital had signed the Non Disclosure Agreement (NDA) w...

FTIL has appointed Axis Capital to scout for buyers to sell its 24.89 per cent stake in India’s largest power exchange

Uday Kotak is said to be eyeing an opportunity in Financial Technologies, with the knowledge that Kotak Mahindra Bank is interested in pick...

FTIL rallied over 9 per cent in today's trade on reports that the company is planning to sell its entire 24.89% stake in power-trading plat...

Electricity trading volume on the New Delhi-based Indian Energy Exchange (IEX), is expected to cross the Rs 40,000-crore mark in the next f...