63 Moons Technologies Limited's associated company, 63SATS Cybertech Limited, has successfully raised ₹65.05 crores through a private placement of equity shares. This development marks a significant move in the company's financial strategy.

Details of the Share Placement

The company issued 6.5 crore equity shares at a face value of ₹1.00 each, with a premium of ₹9.00 per share, bringing the total price to ₹10.00 per share. This strategic move indicates the company's efforts to bolster its financial position and potentially fund future growth initiatives.

Corporate Disclosure

In line with regulatory requirements, 63 Moons Technologies Limited, the parent company, disclosed this information to the stock exchanges. The announcement was made in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's commitment to transparency in its financial dealings.

Implications for Investors

This private placement could be seen as a positive indicator of investor confidence in 63SATS Cybertech. The successful raising of funds might provide the company with additional capital for expansion, research and development, or other strategic initiatives. However, investors should note that the impact of this fundraising on the company's long-term performance remains to be seen.

As always, it's advisable for investors to conduct thorough research and consider multiple factors before making investment decisions based on such corporate actions.

63 moons technologies limited , a technology company, has announced the record date for its dividend distribution for the financial year 2024-25. The company has set September 17, 2025, as the crucial date for determining shareholder eligibility for the upcoming dividend payout.

Key Points

• Record Date: September 17, 2025
• Financial Year: 2024-25
• Dividend Status: Subject to member approval and judicial orders

Dividend Approval Process

The dividend payment is not yet finalized and remains contingent on two important factors:

1. Member Approval: Shareholders will need to approve the dividend at the upcoming Annual General Meeting (AGM).
2. Judicial Orders: The dividend is also subject to appropriate judicial orders, indicating potential legal considerations.

Official Communication

The company officially communicated this information to the BSE Limited through its Senior VP & Company Secretary, Hariraj Chouhan. In the LODR (Listing Obligations and Disclosure Requirements) filing, Mr. Chouhan stated:

"This is further to our letter dated September 01, 2025, please note that the Record Date set for the Dividend (F.Y. 2024-25) is September 17, 2025. The payment of dividend will be made subject to the approval by members at the ensuing AGM and appropriate judicial orders."

Implications for Shareholders

Investors who own shares of 63 moons technologies limited at the close of business on September 17, 2025, will be eligible to receive the dividend, provided it receives the necessary approvals. Shareholders should note that this record date is crucial for determining their entitlement to the potential dividend payout.

Next Steps

Shareholders and potential investors should keep an eye out for:

1. The announcement of the Annual General Meeting date
2. The outcome of the AGM and the dividend approval status
3. Any updates regarding the judicial orders mentioned in the company's statement

As the dividend remains subject to these conditions, investors are advised to stay informed about the company's future announcements regarding the final dividend decision and payment details.