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News Update as at 18.00 hrs (IST)


Info-Tech
Financial Tech buys 90 per cent stake in ICX Platform

MUMBAI: Financial Technologies India Ltd has informed the BSE that it has acquired 90 per cent stake in ICX Platform (Pty) Ltd, a technology firm situated at Johannesburg, South Africa, having IPR and corporate ownership of electronic warehouse receipts technology, at a cost of $1.50 million, subject to applicable approvals and fulfillment of certain representations and warranties by the sellers of ICX.

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