Financial Technologies India Ltd (FTIL) today said private equity firm Blackstone GPV Capital Partners, Mauritius, has increased its stake in the company to over 6% through open market transactions.
In a filing to the Bombay Stock Exchange (BSE), FTIL said Blackstone has acquired an additional 1.137% stake or 5,24,054 shares in the company, taking the total holding to 6.105% or 28,13,005 shares.
Before the acquisition, Blackstone held 4.967% or 22,88,951 shares in the Jignesh Shah-promoted company, the filing said.
Blackstone acquired 0.597% stake (2,75,054 shares) in FTIL on September 13, while it bought 0.54% stake (2,49,000 shares) on Friday, the filing noted.
The total promoter holding in FTIL as on quarter ended June, 2012, stands at 45.69%, while others hold 29.9% stake.
