Financial Technologies

Financial Technologies India Ltd has informed that at the Committee Meeting of the Board, it has been decided to raise upto US $ 100 Million plus a Green Shoe Option of upto $ 15 Million through issue of Global Depository Receipts (GDRs) to overseas investors.

The GDR procceds will be utilized for, inter alia, global M & A opportunities in exchange as well as technology space and investment in organic & inorganic global domain — centric businesses.