63 Moons Technologies Ltd

63 Moons Technologies Ltd

63 Moons Technologies Ltd has announced a proposed acquisition of equity shares by its wholly-owned overseas subsidiary, Financial Technologies Singapore Pte. Ltd., from its subsidiary Ticker Ltd. at an issue price of Rs. 27 per share, aggregating to about Rs. 70 Crores.

63 Moons Technologies Ltd

63 Moons Technologies Ltd's Board of Directors has approved a material related party transaction for the acquisition of equity shares by Financial Technologies Singapore Pte. Ltd. (Wholly Owned Overseas Subsidiary) from Ticker Ltd. (Subsidiary) on a preferential basis.

63 Moons Technologies Ltd

63 Moons Technologies Ltd announced that all resolutions from its postal ballot were passed with the requisite majority, effective June 20, 2026. This includes the re-appointment of Mr. Deveodra Agrawal as Whole-time Director & CFO and Mr. Rajendran Soundaram as MD & CEO, both passed as special resolutions with overwhelming majority. Additionally, an ordinary resolution for a material related party transaction with India Gold Metaverse Private Limited also passed, despite significant opposition from public institutional shareholders, where over 82% voted against.

63 Moons Technologies Ltd

63 Moons Technologies Ltd announced the results of its postal ballot, confirming that all resolutions have passed with the requisite majority. These include the re-appointment of Mr. Deveodra Agrawal as Whole-time Director & CFO and Mr. Rajendran Soundaram as MD & CEO, both with overwhelming shareholder support. However, a material related party transaction with India Gold Metaverse Private Limited, while approved overall, saw significant opposition from public institutional shareholders, with 82% voting against it.