Announced Wed, 22 Jul · 14:55 IST
Postal ballot for Rs 70 cr related party investment in subsidiary TICKER
Board & Shareholder Meetings View source PDF
63MOONS · price
▲ 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
-3.9%1-day move
₹735.00
prior close
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base price
In-mkt
timing
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————-3.9-3.7-1.0———————
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AI summary
63 moons is seeking shareholder approval via postal ballot for FTSPL, its wholly-owned Singapore subsidiary, to invest Rs 70 crore in TICKER, an Indian subsidiary, via preferential issue at Rs 27 per share for 2.59 crore equity shares. Transaction is about 33 percent of consolidated FY26 turnover and qualifies as material related party transaction. E-voting runs from July 23 to August 21, 2026.
Likely market impact
Capital infusion into growth-stage subsidiary TICKER using FTSPL surplus funds; aligns group interests, no new debt raised.