Merrill Lynch picked up 2.35 lakh shares in Jignesh Shah-led Financial Technologies for over Rs 8 crore through open market route, reported PTI.
Merrill Lynch Capital Markets Espana bought 2,35,461 scrips of Financial Technologies (India) Ltd as per bulk deal data available with the stock exchanges. The shares were purchased at an average price of Rs 347.76, valuing the transaction at Rs 8.18 crore, said the report.
However, identity of seller (s) of the shares could not be ascertained immediately.
Dion Global Solutions Ltd.