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 Markets - Preferential Allotments


Financial Tech EGM okays preferential allotment to FIIs

Our Bureau

Mumbai , March 16

THE Financial Technologies (India) Ltd EGM has approved an issue of up to 28.74 lakh equity shares of face value of Rs 2 each on a preferential basis to foreign institutional investors at Rs 262 per share.

The company informed BSE that the FII's involved are Rowe Price International Discovery Fund, T Rowe Price New Asia Fund and Goldman Sachs Investments (Mauritius) India Ltd.

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