63MOONSNSE63 moons technologies limitedMediumNeutral
Announced Mon, 18 May · 19:30 IST

63 moons technologies limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

63MOONS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.3%1-day move
₹667.90
prior close
₹694.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-2.8-2.4-3.4+3.3+2.0+1.5-3.7-6.2-8.7-4.9+0.2+8.7
Up moveDown movePending
AI summary

63 moons technologies limited's Board meeting on May 18, 2026 approved the audited standalone and consolidated financial results for FY 2025-26 and recommended a final dividend of Rs. 2/- per equity share, subject to shareholder approval and judicial orders. The Board re-appointed Mr. Devendra Agrawal as Whole-time Director and CFO for 3 years (from May 27, 2026) and Mr. Rajendran Soundaram as Managing Director and CEO for 1 year (from June 1, 2026), both subject to shareholder approval via postal ballot. The postal ballot will also seek approval for material related party transactions with India Gold Metaverse Private Limited. Both directors have long tenures — Agrawal since 2006 and Soundaram as CEO since 2017.

Likely market impact

The re-appointment of both the CEO and CFO signals continuity in leadership, which is positive for operational stability. However, shareholder approval and judicial clearance for the dividend add some uncertainty.