63 moons technologies limited has initiated a postal ballot process to seek shareholder approval for a material related party transaction involving its subsidiary Financial Technologies Singapore Pte. Ltd. (FTSPL) subscribing to equity shares of Ticker Ltd. The transaction involves FTSPL subscribing to 2,59,25,926 equity shares at an issue price of Rs 27 each, aggregating to Rs 70,00,00,002. The investment aims to deploy surplus treasury funds available with FTSPL into Ticker Ltd to support its business expansion plans, including working capital requirements and strategic investments.

Transaction Details

The proposed investment involves FTSPL, a wholly owned overseas subsidiary, and Ticker Ltd, an unlisted public company and subsidiary of 63 moons technologies limited. Both entities are related parties, and the transaction will be undertaken on an arm's length basis. Prior to this proposed subscription, FTSPL acquired 79,58,300 equity shares of Ticker Ltd from third-party shareholders for Rs 21.49 crore. Post-acquisition of the new shares, the total investment by FTSPL will be significant, though no change in control is expected. The transaction value represents approximately 33.02% of the annual consolidated turnover of 63 moons technologies limited for FY 2025-26.

Financials and Valuation

Ticker Ltd reported a turnover of Rs 27.00 lakh, a loss of Rs 3,581.56 lakh, and a net worth of Rs 20,101.85 lakh for the financial year ended March 31, 2026. The issue price of Rs 27 per share is based on an independent valuation report obtained by Ticker Ltd from a SEBI Registered Category I Merchant Banker and IBBI Registered Valuer. FTSPL held cash, cash equivalents, and fixed deposits aggregating approximately Rs 158 crore as on March 31, 2026.

Postal Ballot and E-Voting Schedule

The company has engaged KFin Technologies Limited to provide the remote e-voting facility. The remote e-voting period commences from 9.00 a.m. IST on Thursday, July 23, 2026, and ends at 5.00 p.m. IST on Friday, August 21, 2026. The results of the postal ballot shall be announced on or before Tuesday, August 25, 2026. Mr. B. Narasimhan has been appointed as the Scrutinizer to oversee the process.

Financial Technologies Singapore Pte Ltd, a wholly owned subsidiary of 63 moons technologies , has acquired 79,58,300 equity shares in Ticker Ltd for a total consideration of ₹21.49 crore. The acquisition was completed on July 13, 2026, through the secondary market, increasing the stake in the unlisted Indian subsidiary by 0.45%. The transaction was undertaken as part of the investment strategy by the overseas subsidiary.

The acquisition does not constitute a related party transaction, and the promoter group does not hold any interest in the target entity beyond their shareholding in the parent company. No governmental or regulatory approvals were required for the transaction.

About Ticker Limited

Ticker Limited, incorporated on February 4, 2005, operates in the technology sector, providing information technology-enabled ecosystems and services. The company is an unlisted public company based in India.

Financial Performance of Ticker Ltd

As of March 31, 2026, Ticker Ltd reported a net worth of ₹20,101.85 lakh and a loss after tax of ₹3,581.56 lakh. The key financials are summarised below:

Turnover History

The operational performance of Ticker Ltd has seen a notable decline in turnover over the last three financial years, as detailed below: