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Financial Technologies clarifies on news item

Financial Technologies has clarified on the news item appearing in leading financial dailies titled, NSEL settlement is FTIL’s responsibility and Govt puts onus on promoter for NSEL settlement.

August 12, 2013 / 03:36 PM IST
 
 
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With reference to news item appearing in leading financial dailies titled "NSEL settlement is FTIL’s responsibility" and "Govt puts onus on promoter for NSEL settlement", Financial Technologies (India) Ltd has clarified to BSE as under :1. As a policy of the Company, the Company do not wish to comment on rumors which are speculative in nature; hence the Company refrain from commenting on the said news articles.2. The Company has not received any communication as referred to in the Articles.3. National Spot Exchange Limited (NSEL's) response is already covered in the said press note mentioning the formation of "Oversight Committee" and other steps taken by NSEL. Board and the Company do not have any further comment on the same.Source : BSE

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first published: Aug 12, 2013 03:36 pm