Financial Tech Set to Exit IEX, to Sell Remaining Stake

New Delhi: Financial Technologies India Ltd (FTIL) has entered into an agreement with Madison India Opportunities for selling its remaining 0.37 per cent stake in Indian Energy Exchange (IEX) for nearly Rs 8 crore. "Upon concluding of the above transaction, the holding of the company in IEX will become nil," FTIL said in a regulatory filing. Jignesh Shah-led Financial Technologies (India) Ltd had nearly 26 per cent stake in power t...