63 moons technologies limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2025, recommended Final Dividend of Rs. 1.2 per equity share.
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The Board of 63 moons technologies met on May 20, 2025, and approved audited standalone and consolidated financial results for the financial year ended March 31, 2025. It recommended a final dividend of Rs. 1.20 per equity share (on a face value of Rs. 2), subject to shareholder approval at the upcoming AGM and 'appropriate judicial orders.' The Board also appointed BNP & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30) and inducted Mr. Maheswar Sahu (IAS, Retd.) as an Additional Non-Executive Director with effect from May 20, 2025.
The Rs. 1.20 final dividend represents a 60% payout on face value, offering decent income to shareholders, though payment is contingent on shareholder approval and pending court orders, which may delay or affect distribution. The new board appointments are routine governance changes with no immediate material impact on stock price.