The government has issued only a draft order of merger, amalgamation of National Spot Exchange (NSEL) with Financial Technology (FTIL).
The final order, if required, will be issued after the consideration of objections, suggestions to be submitted by the stakeholders on the draft order for which they have been given two months’ time.
This was stated by Arun Jaitley, minister of corporate affairs in written reply to a question in the Rajya Sabha on Tuesday.
Shares of the company gained Rs 8, or 4.42%, to trade at Rs 188.85. The total volume of shares traded was 160,103 at the BSE (10.08 a.m., Wednesday).