63 moons technologies limited has informed the Exchange regarding Notice of Postal Ballot
63MOONS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
63 moons technologies limited has issued a Postal Ballot Notice seeking shareholder approval for three resolutions via remote e-voting from May 22, 2026 to June 20, 2026. First, the re-appointment of Mr. Devendra Agrawal as Whole-time Director and CFO for 3 years (May 2026 to May 2029) with remuneration ranging from Rs. 0.80 crore to Rs. 3 crore per annum. Second, the re-appointment of Mr. Rajendran Soundaram as Managing Director and CEO for 1 year (June 2026 to May 2027) with remuneration ranging from Rs. 1.80 crore to Rs. 3.75 crore per annum; his continuation requires a special resolution as he has crossed 70 years of age. Third, approval for material related party transactions with India Gold Metaverse Private Limited (IGM) for development, licensing, and maintenance of an integrated technology platform (IGMTech) for IGM's bullion and digital gold business operations. Results will be announced by June 23, 2026.
Shareholders should vote on these proposals. The re-appointments ensure leadership continuity during a crucial phase for the company. The related party transaction with IGM involves significant technology services and requires shareholder approval under SEBI regulations.