63 moons completes sale of residual stake in NTT Data Payment Services

Core Business DivestedStrategic Transactions View source PDF Explain this filing

63MOONS · price

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Price reactionminutes from the announcement price · days from the prior close

-2.1%Reaction day

₹654.00

prior close

₹652.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%-0.7% vs market

Computers - Software & Consulting peers, median of 70sector-0.8%-1.3% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 1.3 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

-0.1

15m

-0.7

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.1-1.4-0.7-0.8-1.3

Next day

-2.1-1.6-0.6-1.1-1.0

-11.3-1.4-9.9-2.2-9.1

-9.3-2.7-6.6-5.1-4.3

-8.1-2.5-5.6-5.4-2.7

-7.7-2.3-5.4-5.2-2.5

-8.3-5.4-2.8-7.5-0.8

15d

-14.7-10.5-4.2-11.2-3.5

-18.9-10.3-8.6-12.4-6.6

+7.1+1.6+5.4-1.5+8.6

+6.1+3.8+2.4-6.2+12.3

UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 70Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

63 moons has completed the sale of its 21,00,86,610 equity shares in NTT Data Payment Services India to NTT Data Group Corporation for USD 18,432,925. The company received the consideration and transferred the shares. As per MPID Court direction, the net amount after tax deduction has been deposited with the Competent Authority NSEL MPID as security. NTT Data Payment Services has ceased to be an associate of 63 moons.

Likely market impact

Company divests last major associate stake. Proceeds held in MPID court escrow, not freely available to shareholders yet.