63 moons technologies limited has received a formal warning letter from the National Stock Exchange of India (NSE) for a disclosure compliance breach under SEBI regulations. The warning, dated February 20, 2026, highlights concerns over misleading information provided to investors and stock exchanges.

Disclosure Compliance Breach Details

The warning letter stems from a disclosure made by 63 moons technologies on January 27, 2026, regarding the "launch of upgraded trading engine of 63 moons by MSE." The company had stated that Metropolitan Stock Exchange of India Limited (MSE) was launching trading in the Equity Cash Segment with an upgraded trading engine provided by 63 moons technologies, comparing it to the technology services model provided to MCX since 2003.

NSE's Concerns and Regulatory Violation

NSE identified a significant discrepancy between 63 moons' disclosure and MSE's official communication. According to MSE's circular dated January 21, 2026, the exchange was merely implementing a new version of existing trading software (MSE Member Admin Terminal 25.0.5.0 and MSE Trader Workstation 25.0.5.0) in the Equity Capital Market, effective from January 27, 2026.

The regulatory breach falls under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically:

• Regulation 4(1)(c): Listed entities must refrain from misrepresentation and ensure information provided to stock exchanges and investors is not misleading

Company's Response and Corrective Measures

The company had issued a clarification on February 3, 2026, explaining that MSE had implemented an upgrade to its system and market infrastructure. However, NSE proceeded with the warning despite this clarification. In its response to the exchanges, 63 moons technologies acknowledged the warning and committed to taking adequate precautions regarding information dissemination to avoid similar incidents in future.

Regulatory Requirements and Next Steps

As per NSE's directive, the company is required to:

• Disseminate a copy of the warning letter on all stock exchanges where it is listed
• Place the warning letter before the Board of Directors
• Present corrective measures taken to avoid recurrence of such lapses
• Exercise due diligence in future disclosures to ensure compliance with SEBI LODR provisions

The warning serves as a reminder for listed companies to maintain accuracy and transparency in their market disclosures, with NSE emphasizing that any future aberrations will be viewed seriously and may result in appropriate regulatory action.

63 moons technologies limited has issued a formal response to BSE Limited regarding a surveillance inquiry about recent volume movement in the company's scrip. The exchange had raised queries about unusual trading activity, prompting the company to provide clarification on February 10, 2026.

Company's Response to BSE Inquiry

In its official communication to BSE surveillance department, 63 moons technologies addressed concerns about volume movement in its shares. The company's response was structured to address regulatory compliance and provide transparency about any potential material developments.

Regulatory Compliance Status

The company emphasized its adherence to regulatory requirements under SEBI guidelines. 63 moons technologies confirmed that all necessary disclosures have been completed as per established protocols.

Key compliance highlights include:

• All disclosures made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Submissions completed within stipulated timeframes
• All disclosures available in public domain
• No pending material information that could impact operations or performance

Market Movement Attribution

Regarding the recent price movement that triggered the surveillance inquiry, 63 moons technologies provided a clear stance on the underlying factors. The company attributed the current increase in scrip price to market-driven forces rather than any undisclosed material developments.

The management stated that no information or announcements are pending that may have a bearing on the company's operations or performance, suggesting that the volume movement reflects normal market dynamics.

Corporate Governance Commitment

63 moons technologies reiterated its commitment to maintaining high standards of corporate governance and regulatory compliance. The company assured stakeholders of its continued adherence to disclosure requirements and transparent communication practices.

The response emphasized that any price-sensitive information pertaining to operations, performance, definitive decisions, or announcements required under SEBI regulations will be promptly notified to stock exchanges, maintaining the company's established compliance track record.