63 Moons Technologies conducted its 38th Annual General Meeting on September 23, 2026, through Video Conferencing and Other Audio-Visual Means. The meeting focused on the adoption of audited financial statements for the fiscal year ended March 31, 2026, and the appointment of directors.

The proceedings were chaired by Venkat Chary, Chairman of the Board. Company Secretary Hariraj Chouhan welcomed members and confirmed that the requisite quorum was present in accordance with Ministry of Corporate Affairs and SEBI circulars. Statutory Auditors, Secretarial Auditors, and committee chairpersons participated remotely to address member queries.

Resolutions and Financial Adoption

Members considered several ordinary business items outlined in the AGM notice. A key resolution involved the declaration of a dividend on equity shares for FY26. However, the company explicitly noted that payment of this dividend remains subject to appropriate judicial orders, highlighting ongoing legal dependencies regarding shareholder payouts.

The following resolutions were tabled for approval:

Voting Process and Scrutiny

To ensure transparency, the company utilized remote e-voting facilities provided by KFin Technologies Limited. Voting commenced on September 19, 2026, at 9:00 am and concluded on September 22, 2026, at 5:00 pm. Members who did not vote remotely could cast their votes during the live meeting via Instapoll.

B. Narasimhan, Proprietor of BN & Associates, served as the Scrutinizer. He was tasked with verifying the remote e-voting and live voting processes to ensure fairness. The combined voting results will be declared after the receipt of the Scrutinizer’s Report and communicated to stock exchanges and posted on the company website.

Management Interaction

Rajendran Soundaram, Managing Director and CEO, addressed queries raised by shareholders regarding the company’s accounts and operational matters. Venkat Chary also delivered a speech commenting on the company’s working conditions and future prospects, providing context to the financial results adopted during the session.

The meeting concluded at 1:00 pm with a vote of thanks. All statutory registers and relevant documents were made available for inspection by members during the virtual session.

63 Moons Technologies reported that its wholly owned overseas subsidiary (WOS), Financial Technologies Singapore Pte Ltd (FTSPL), acquired a ₹70 crore stake in its Indian subsidiary, Ticker Ltd. The transaction involved the allotment of 2,59,25,926 equity shares on a preferential basis, completed on September 4, 2026.

Transaction details

The share issuance was carried out at the subsidiary level, with FTSPL emerging as the recipient of the newly issued shares. The transaction consolidates FTSPL's position in Ticker, which operates in the information technology-enabled ecosystem and services sector.

Post-allotment, FTSPL’s shareholding in Ticker increased by 1.45%, bringing its total stake to 65.80%. The company stated that there is no change in control through this transaction. The acquisition constitutes a material related party transaction, executed at arm’s length and approved by shareholders via postal ballot on August 21, 2026.

Subsidiary financials

Ticker Ltd, incorporated in February 2005, has seen a significant decline in turnover over the past three years. As of March 31, 2026, the subsidiary reported a net worth of ₹2,010.19 crore but posted a net loss of ₹35.82 crore for FY26 against a turnover of just ₹27 lakh.

The stated objective of the acquisition is the deployment of surplus treasury funds available with FTSPL. No governmental or regulatory approvals were required beyond standard reporting obligations under SEBI LODR regulations.