63 moons technologies clarifies MSE system upgrade partnership following exchange inquiry

1 min read     Updated on 03 Feb 2026, 11:36 AM
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Jubin VScanX News Team
Overview

63 moons technologies limited clarified its technology partnership with Metropolitan Stock Exchange following NSE inquiry. The company confirmed MSE implemented system upgrades using 63 moons technology effective January 27, 2026, following the same service model used with MCX since 2003, highlighting the company's established expertise in exchange technology solutions.

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63 moons technologies limited has provided clarification to stock exchanges regarding its technology partnership with Metropolitan Stock Exchange of India Limited (MSE), following an inquiry from the National Stock Exchange dated February 02, 2026.

Technology Partnership Details

The company confirmed that MSE has implemented significant upgrades to its system and market infrastructure using technology provided by 63 moons technologies limited. The implementation became effective from January 27, 2026, marking a substantial enhancement to MSE's trading capabilities.

Parameter: Details
Implementation Date: January 27, 2026
Technology Provider: 63 moons technologies limited
Scope: System and market infrastructure upgrade
Exchange Partner: Metropolitan Stock Exchange of India Limited

Established Service Model

The technology services arrangement with MSE follows the same proven model that 63 moons technologies has successfully maintained with Multi Commodity Exchange (MCX) since 2003. This long-standing partnership demonstrates the company's established expertise and reliability in providing comprehensive exchange technology solutions.

Regulatory Compliance

The clarification was issued in response to an inquiry from NSE seeking details about the company's announcement made on January 27, 2026. The communication was signed by Hariraj Chouhan, Senior Vice President and Company Secretary, and submitted to both NSE and BSE for their records.

The partnership reinforces 63 moons technologies' position as a technology service provider to Indian financial market infrastructure institutions, building on its two-decade experience with exchange technology solutions.

Historical Stock Returns for 63 Moons Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+2.11%+13.57%+10.91%-20.63%-5.01%+815.21%
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63 Moons Technologies Receives 60 Crore Equity Shares from 63 SATS Cybertech via Debenture Conversion

1 min read     Updated on 15 Dec 2025, 04:34 PM
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Reviewed by
Naman SScanX News Team
Overview

63 Moons Technologies has received 60 crore equity shares from its subsidiary 63 SATS Cybertech Limited through the conversion of Zero Coupon Fully Convertible Debentures. This conversion has increased 63 Moons Technologies' shareholding in 63 SATS Cybertech to 65.27%. The conversion involved 6,000 ZOFCDs with a face value of ₹1,00,000 each, resulting in 60 crore equity shares with a face value of Re. 1 each.

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*this image is generated using AI for illustrative purposes only.

63 Moons Technologies has announced the receipt of 60 crore equity shares from its subsidiary 63 SATS Cybertech Limited (63 SATS) through the conversion of Zero Coupon Fully Convertible Debentures. This corporate action has increased 63 Moons Technologies' shareholding in 63 SATS Cybertech to 65.27%.

Debenture Conversion Details

The Board of 63 SATS issued and allotted the equity shares upon conversion of debentures held by 63 Moons Technologies. The conversion parameters are outlined below:

Parameter Details
Number of ZOFCDs Converted 6,000
Face Value per ZOFD ₹1,00,000
Equity Shares Allotted 60 crore
Face Value per Equity Share Re. 1

Enhanced Shareholding Position

Following the completion of this allotment, 63 Moons Technologies has strengthened its position in 63 SATS Cybertech Limited. The company's shareholding in the subsidiary has reached 65.27%, representing a significant controlling stake in the entity.

Regulatory Compliance

The company has fulfilled its disclosure obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 by notifying both BSE Limited and National Stock Exchange of India Limited about this corporate action. This ensures transparency and keeps stakeholders informed about material developments affecting the company's investment portfolio.

The conversion of Zero Coupon Fully Convertible Debentures into equity shares represents a strategic corporate restructuring that has resulted in 63 Moons Technologies obtaining a substantial equity position in its subsidiary company.

Historical Stock Returns for 63 Moons Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+2.11%+13.57%+10.91%-20.63%-5.01%+815.21%
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