63MOONS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
63 Moons Technologies is seeking shareholder approval via postal ballot for three resolutions: (1) re-appointment of Mr. Devendra Agrawal as Whole-time Director & CFO for 3 years (May 27, 2026 – May 26, 2029) at a gross remuneration of Rs.0.80–3.00 crore per annum; (2) re-appointment of Mr. Rajendran Soundaram as Managing Director & CEO for 1 year (June 1, 2026 – May 31, 2027) at Rs.1.80–3.75 crore per annum plus commission — this requires a special resolution as he has crossed the age of 70; and (3) approval for material related party transactions with India Gold Metaverse Private Limited (IGM) for development, licensing, and maintenance of an integrated technology platform (IGMTech). The e-voting period runs from May 22 to June 20, 2026, with results to be announced by June 23, 2026.
Shareholders should note that two senior leadership roles are being renewed, and the RPT with IGM requires ordinary resolution approval under SEBI regulations. The re-appointments signal continuity in management amid ongoing business and legal challenges. The IGM transaction involves technology services and crosses the materiality threshold requiring shareholder consent.