AI assistant
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
Open in viewerOpens in your device viewer
==> picture [88 x 88] intentionally omitted <==
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
==> picture [88 x 88] intentionally omitted <==
| 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