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63 Moons Technologies Limited Capital/Financing Update 2023

Jul 18, 2023

60264_rns_2023-07-18_ccbf9042-3558-4a73-8e3c-04503df30c13.pdf

Capital/Financing Update

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Date: 18[th] July, 2023

Listing Compliance,
BSE Limited
P. J. Towers,
Dalal Street,
Mumbai – 400001
(Scrip Code: 526881)
Listing Compliance
National Stock Exchange of India Limited
Exchange Plaza,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
(Scrip Code: 63MOONS)

Dear Sir,

Sub: Intimation of Incorporation of a new Step Down Subsidiary.

With reference to the captioned subject, the Company was informed on 18[th] July, 2023 by Ticker Limited (‘Ticker’), a subsidiary of the Company, that it had incorporated a wholly owned subsidiary namely “Ticker Data Limited” in Mumbai, India and consequently it has become a step down subsidiary of the Company effective 13[th] July, 2023.

The details required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/4/2015 dated 9[th] September, 2015, are given in Annexure-A.

Kindly take the same on record and acknowledge receipt.

Thanking You,

Yours faithfully,

For 63 moons technologies limited

HARIRAJ Digitally signed by HARIRAJ SHANKARSINGH SHANKARSIN CHOUHAN Date: 2023.07.18 16:47:15 GH CHOUHAN +05'30' Hariraj Chouhan Sr. VP & Company Secretary

Encl. As stated

63 moons technologies limited

Corporate Office: FT Tower, CTS No. 256 & 257, Suren Road, Chakala, Andheri (East), Mumbai 400 093, India. T: +91 22 66868010 | P: +91 22 66868050 | E: [email protected] | W: www.63moons.com Registered Office: Shakti Tower - II, 4[th] floor, Premises - J, 766, Anna Salai, Chennai - 600 002. T: +91 44 4395 0850 | P: +91 44 4395 0899 | CIN No.: L29142TN1988PLC015586

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Annexure A
Sr.
No.
Details of Events that need to be provided Information of such events (s)
a. Name of the target entity, details in brief such as
size, turnover etc.
Ticker Data Limited has been formed as a wholly owned
subsidiary of Ticker Limited (‘Ticker’), a subsidiary of
63 moons technologies limited (63 moons)
Authorised Capital:15,00,000 Equity Shares of Rs. 1/-
Each.
Turnover, Size:Not Applicable since it is a newly
incorporated company.
b. Whether the acquisition would fall within related
party transaction(s) and whether the promoter/
promoter group/ group companies have any interest
in the entity being acquired?
If yes, nature of interest and details thereof and
whether the same is done at“arm’s length”
Not Applicable
c. Industry to which the entity being acquired belongs IT/ ITeS
d. Objects and effects of acquisition (including but not
limited to, disclosure of reasons for acquisition of
target entity, if its business is outside the main line
of business of listed entity/ the Company)
Ticker Limited has incorporated Ticker Data Limited as
its wholly owned subsidiary with the objective of
business development for its content providing in the
financial information services market along various
multi asset class.
e. Brief details of any governmental or regulatory
approvals required for the acquisition /
incorporation.
Approved by the Ministry of Corporate Affairs on 13th
July, 2023.
f. Indicative time period for completion of the
acquisition.
Not Applicable
g. Nature of consideration – whether cash
consideration or share swap and details of the same
To be subscribed in cash
h. Cost of acquisition or the price at which the shares
are acquired
Ticker Limited shall subscribe to the share capital of Rs.
10,00,000 (10,00,000 Equity Shares of Rs. 1/-Each)
i. Percentage of shareholding / control acquired and /
or number of shares acquired
100%of the paid-up share capital of Ticker Data
Limited is held by Ticker Limited.
j Brief background about the entity acquired in terms
of products/ line of business acquired, date of
incorporation, history of last 3 years turnover,
country in which the acquired entity has presence
and any other significant information (in brief)
Ticker Data Limited will carry on the business of
providing information technology enabled services.
Date of Incorporation:13thJuly, 2023
Turnover:Not Applicable since it is a newly
incorporated company.
Country:INDIA

63 moons technologies limited

Corporate Office: FT Tower, CTS No. 256 & 257, Suren Road, Chakala, Andheri (East), Mumbai 400 093, India. T: +91 22 66868010 | P: +91 22 66868050 | E: [email protected] | W: www.63moons.com Registered Office: Shakti Tower - II, 4[th] floor, Premises - J, 766, Anna Salai, Chennai - 600 002. T: +91 44 4395 0850 | P: +91 44 4395 0899 | CIN No.: L29142TN1988PLC015586