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Financial Technologies Issue Bonus Shares

The media had reports that Financial Technologies (India) Limited may issue bonus shares.

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.

Financial Technologies (India) Limited has vide its letter inter-alia stated, "We wish to dismiss any such press reports. The Company does not entertain any press remarks unless the Company has submitted prior intimation to the Stock Exchanges about its Board meeting and the outcome of the same." -- www.nseindia.com

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