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Financial Technologies to raise Rs 1,500 cr via various routes

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Press trust of India Mumbai
Last Updated : Jan 20 2013 | 12:09 AM IST

Financial Technologies India, promoter of country's leading commodity exchange MCX, today said it will raise Rs 1,500 crore by issuing shares in the international markets and by private placement of shares with buyers.

The company would raise funds by issuing shares in the form of Global Depository Receipts, American Depository Receipts and Foreign Currency Convertible Bonds, Financial Technologies said in a filing to the Bombay Stock Exchange (BSE).

The funds would might also be raised by private placement of shares with potential buyers, the filing added.

Shares of Financial Technologies India were trading at Rs 1329.15 on the BSE, down 0.31 per cent from the previous close.

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First Published: Sep 29 2009 | 2:56 PM IST

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