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63 moons technologies limitedImportant, 06-05-2025: General Updates

06-05-2025 | 07:52 pm

63SATS Cybertech raised Rs. 10.62 Cr via a private equity placement at par. Following this, it ceases to be a subsidiary of 63 Moons Technologies, though 63 Moons retains management control. Additionally, 63 Moons holds Rs. 60 Cr worth of partly-paid convertible debentures in 63SATS, which on full conversion could increase equity shares and enhance capital structure flexibility.

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