Financial Technologies (India) Limited (BSE:526881) (FTIL) said on August 12, 2014 that it plans to exit from exchanges businesses and has appointed investment bankers to sell its stake in the ndian Energy Exchange Limited (IEX). FTIL said, "As communicated to you earlier, FTIL would like to exit from exchanges businesses. Accordingly, the process of divestment in exchanges is been evaluated considering all options, including through IPO.

Accordingly, FTIL has appointed investment Bankers to sell its stake in IEX."