Exchange solutions provider Financial Technologies today said it has got shareholders' approval to raise Rs 1,500 crore by issuing shares in the global market and by private placement of shares with buyers.
The shareholders in an Annual General Meeting today, approved raising funds through any of the route, including Global Depository Receipts or American Depository Receipts, convertible debentures or bonds and Foreign Currency Convertible Bonds (FCCBs) in one or more tranches, the company said in a filing to the Bombay Stock Exchange.
Shares of the Financial Technologies India, promoter of country's leading commodity exchange MCX, were trading at Rs 1,205.05 in the last hours of trade, down 1.37 per cent from the previous close on the Bombay Stock Exchange.
