February 09, 2021

Listing Compliance,	Listing Compliance,
BSE Limited	National Stock Exchange of India Limited
P. J. Towers,	Exchange Plaza,
Dalai Street,	Bandra Kuria Complex,
Mumbai—400 001	Bandra (E), Mumbai—400 051
(Scrip Code: 526881)	(Scrip Code: 63MOONS)

Dear Sirs,

Sub: Unaudited Financial Results (Standalone and Consolidated) alongwith Limited Review Report for the quarter ended 31St December, 2020

Pursuant to applicable Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please be informed that the Boardof Directors of the Company, at its meeting held today, inter-alia has approved the Unaudited Financial Results (Standalone and Consolidated) alongwith Limited Review Report for the quarter ended 31' December, 2020. Copy of Financial Results alongwith Limited Review Report is enclosed for your records.

The meeting commenced at 3.00 p.m. and concluded at 4.50 p.m.

Kindly acknowledge receipt and take the above information on your record.

Thanking You,

Yours faithfully, For 6 s technologies limited

</etk,vd,sw-

Hariraj Chouhan Sr. VP & Company Secretary

Encl:a/a

63moons technologies limited

Corporate Office: FT Tower, CTS No. 256 & 257, Suren Road, Chakala, Andheri (East), Mumbai 400 093, India. T: +91 22 66868010IF. +91 22 66868050 I E: [email protected] I W: www.63moons.com

Registered Office: Shakti Tower - 1, r floor, Premises E, 766, AnnaSalai,Thousand Lights, Chennai - 600 002. T: +91 44 4395 0850 I F. +91 44 4395 0899 I CIN No.: L29142TN1988PLC015586

63 moons technologies limited

Regd. Office!ShaktiTowers-1,E,7th Floor,766, AnnaSalai,Thousand Lights, Chennai -600002. CIN -129142TN1988PLC015586

A. STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2020.

			Quarter ended		Nine moo hs ended	Year ended
Sr .	PARTICULARS		31.12.202i -I 30.09.2020	31.12.2019	31.12.2020	31.12.2019	31.03.2020
No.		Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
	Income
1	Operating Income
	a) Revenue from Operations	3,744.65	3.179.32	3,515.57	10,715.25	10,339.20	13,723 28
	6) Other Operating Income	47.95	39.35	32.14	128.27	112.63	150 14
	2 Other Income (net)	2,131.63	2,216.40	3.321.14	6.806.06	10,155.24	12,225.39
	3 Total Income(1+2)	5324.23	6,095.07	6,868.85	17,649.58	20,607.07	26,09881
	4 Expenses
	al Employeebenefits expense	2,302.95	2.528.49	2,783.41	7,295.62	8,417.63	10,986.08
	b( legal and professional charges	1,312.64	1,655.63	1,655.57	4,634.03	6,024.44	7,618.40
	c) Depreciation and amortisation expense	466.04	493.71	597.32	1,451.05	1,650.62	2,246.36
	d( Finance costs	8.73	10.12	13.60	31.07	30.38	39.35
	e) Other expenses	1,286.51	942.81	2,389.77	3,156.10	4,874.58	6,166.20
	Total expenses	5,376.87	5,630.76	7,439.67	16,567.87	20,997.65	27,056.39
	5 Profit / (Loss) before Exceptional items (3-4)	54736	46431	(570.82)	1,081.71	(390.58)	(957.58)
	6 Exceptionalitems	-	(500.00)	(609.66)	(1,109.66)	(1,077.59)	(10,291.12)
	7 Profit / (Loss) before tax (546)	54736	(35.69)	(1,180.48)	(27.95)	(1,468.17)	(11,248.70)
	8 Tax expense /(credit)	76.75	96.39	(32.66)	126.41	592.64	585.11
	9 Net Profit/ (toss) for the period (7-8)	470.61	(132.08)	(1,147.82)	(154.36)	(2,060.81)	(11,833.81)
	10 Other Comprehensive Income	(21.26)	45.18	0.41	(24.61)	(164.44]	(157.14)
	11 Total Comprehensive income (9+10)	449.35	(86.90)	(1,147.41)	(178.97)	(2,225.25)	(11,990.95)
	12 Paid-up equity share capital (Facevalue t 21- Der share)	921.57	921.57	921.57	921.57	921.57	921.57
	13 Reserves occluding revaluation reserves						271,565.78
	14 Earnings per share (Face Value t 2/- per share)Basic/ Diluted(r) (not annualised)	1.02	(0.29)	(2.49)	(0.33)	(4.47)	(25.68)

Standalone other income Consists of:- (tin lakhs)

Particulars	Quarter ended	Nine months ended	Year ended
	31.12.2020	30.09.2020	31.12.2019	31.12.2020	31.12.2019	31.03.2020
(a) Change in fair valuation of Investments	23041	186.15	137.15	639.98	462.23	646.05
(b) Interest Income	1,724 03	1,880.88	2,938.24	5,530.90	8,629.85	10,266.56
(c) Others (net)	177.19	209.37	245.75	635.18	1,063.16	1,312.78
	2431.63	2,276.40	3,321.14	6,806.06	10,155.24	12,225.39

Standalone Exceptional Item consists of: (r in lakhs)

		Quarter ended			Nine months ended
Particulars	31.12.2020	30.09.2020	31.12.2019	31.12.2020	31.12.2019	Year ended31.03.2020
(a) Expected credit loss on investment in subsidiaries (charge) /reversed (net)		(500.00)	(609.66)	(1,109.66)	744.85	(4,006.24)
(b) Impairement / Allowance for expected credit loss ondebentures (refer note2 and 3)					(5,000.00)	(10.000.00)
(c) Net Gain on Sale of Equity Shares					3,177.56	3,696.12
(d) Reversal of credit loss on loan given to subsidiary				-		19.00
		(500.00)	(609.66)	(1,109.66)	(1,077.59)	(10,291.12)

			Quarter Ended		Nine Months Ended	Year Ended
Sr.	PARTICULARS	31.12.2020	30.09.2020	31.122019	31.122020	31.12.2019	31.03.2020
No.		Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
1	Operating Income
	a) Revenue from Operations	4,154.04	4,172.84	3,973.61	11,913.48	17,22542	21,038.52
	b) Other Operating Income	52.14	50.61	46.78	140.14	81.86	132.24
2	Other Income (net)	2,238.68	2,419.40	3,441.64	7,212.23	10,539.34	12,753.71
3	Total Income (1+2)	6,444.86	6,642.85	7,462.03	19,265.85	27,846.62	33,924.49
4	Expenses
	a) Purchases of stock-in-trade			-		422.37	422.37
	b) Employee benefits expense	2,780.58	3,069.68	3,472.14	8,854.03	11,253.25	14,455.20
	ci Financecosts	10.01	11.21	16.95	36.49	65.88	77.11
	d) Legal and professional charges	1,615.79	1,823.41	2,105.85	5,291.00	7,862,72	9,864.73
	ci Depreciation and amortisation expense	476.52	510.48	621.94	1,499.14	1,878.85	2,495.94
	f) Other expenses	1,513.68	1,207.34	2,714.54	3,952.39	9,749.71	11,406.25
	Total expenses	6,396.58	6,624.12	8,931.42	19,633.05	31,232.78	38721.60
5	Profit/ (loss) before Exceptional items (3-4)	4828	18.73	(1,469.39)	(367.20)	(3,386.16)	(4,797.11)
	6 Exceptional items					5,347.24	803.19
7	Profit/ (loss) beforetax (5+6)	48.28	18.73	(1,469.39)	(36710)	1,961.08	(3,993.92)
	8 Tax expense	47.51	95.26	11.71	106.26	648.57	682.64
	9 Net Profit / Oohs/ after texas (74)	0.77	(7653)	(1,481.10)	(473.46)	1,312.51	(4,676.56)
	10 Share of profit/ (loss) of Associate	(0.57)	30.24	0.61	39.22	0.61	71.49
	11 Minority Interest	0.51	1.62	1.87	3.21	(3.47)	(2.001
	12 Net Profit I floss) after taxes, minority interest and share of
	_profit of 'modems (9+10-11)	(0.31)	(47.91)	(1,482.361_	(437A5)	1,316.60	(4,603.07)
	13 Other Comprehensive Income	(21.26)	45.18	0.41 ,	(24.61)	(164.44)	(160.93)
	14 Total Comprehensive Income (12+13)	(21.57)	(2.73)	(1,481.95)	(462.06)	1,152.1.6	(4,764.00)
	15 Paid-up equity share ca pita! (Face value t 2/- pershare)	921.57	921.571	921.57	921.57	921.57	921.57
	16 Reserves excluding revaluation reserves						312,238.97
	17 Earnings per share (Face Valuer 2/- per share)Basic / Diluted(8')(non annulised)	(0.00)	4(0.10)	(3.22)	(0.95)	2.86	(9.99)

B. STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31,

Since Atom Technologies became associate w.e.f. September 27, 2019, its financials for nine month ended Decembe 31, 2020 are not consolidated line by line and hence amounts of nine month ended December 31, 2020 are not comparable with previous year.TheCompany's share in profit of Atom Technologies Ltd is included under Share of Profit/(Loss) of Associates.

Consolidated Other Income Consists of:

						(r inlakhs)
		Quarter Eroded			Nine Months Ended
Particulars	31.12.2020	301924120	31.122019	31.122020	31.12.2019	31.031020
(a) Change infairvaluation of Investments	242.47	212.03	156.94	68932	529.95	758.64
(la) Interest Income	1,800.00	1,964.88	3,070.77	5,837.01	9,086.57	10,852 84
(c) Others (net)	196.21	242.49	213.93	685.50	922.82	1,142.23
	2,230.13$	2,419.40	3,441.64	7,212.23	10,539.34	12,753.71

Consolidated Exceptional Item consists of:

						(Tinlakhs
		Quarter Ended			Nine Months Ended	Year Ended
Parti culars		31.12.2020I30.09.2020	31.12.2019	31.12.2020	31.12.2019	31.03.2020
(a) Impairement / Allowance forexpected credit loss on
debentures(refer note2and 3)					(5,000.00)	(10,000 00)
(b) Net Gain on Sale of Shares	-		•	-	10,347.24	10,803.19
	-	-	-	-	5,34714	803.19

	Consolidated Segmental wise Revenue and Results:						$(7 \in \mathsf{In} \mathsf{lakhs})$
Sr.	Particulars		Quarter Ended			Nine Months Ended
No.		31.12.2020	30.09.2020	31.12.2019	31.12.2020	31.12.2019	31.03.2020
	Segment Revenue :
	STP Technologies / Solutions	4,085.40	4,11189	4,016.42	11,722.82	17, 117. 41	20,738.04
	Others	157.29	146.47	45.99	440.26	411.41	695.44
	Total	4,242.69	4,258.36	4,062.41	12,163.08	17,528.82	21,433.48
	Less Inter segment Revenue	36.51	34.91	42 02	109.46	221.54	262 70
	Net Sales /Income From Operations	4,206.18	4,223.45	4,020.39	12,053.62	17,307.28	21,170.78
$\overline{\mathbf{z}}$	Segment Results :
	STP Technologies / Solutions	1,868.63	2,123.62	1,157.60	4,857.80	3.042.04	5.086.83
	Others	(418.61)	(421.75)	(595.70)	(1, 270.30)	(1,927.64)	(2,766.17)
	Total	1,450.02	1,701.87	561.90	3,587.50	1.114.40	2,320.66
	Less: Eliminations	(82.04)	(70.08)	(31.53)	(274.59)	(164.65)	(377.75)
	Net Segment Results	1,532.06	1,771.95	593.43	3,862.09	1.279.05	2,698.41
	Less: Finance Cost	10.01	13.21	16.95	36.49	65.88	77.11
	Add: Unallocable Income	2,238.68	2,419.40	3,441.64	7,212.23	10,539 34	12,753.71
	Less: Unallocable Expenses	3,712.45	4.159.41	5,487.51	11.405.03	15.138.67	20,172.12
	Add: Exceptional Item					5.347.24	803.19
	Profit / (loss) before tax	48.28	18.73	(1,469.39)	(367.20)	1,961.08	(3,993.92)

a; Segments have been identified in accordance with the Ind AS 17 "Segment Reporting" considering the organization structure and the return/risk profiles of the business.

b) STP Technologies / Solutions segment represents straight through processing solutions and includes an integrated mix of various products, projects and activities incidental thereto. Other segment represents trading, procurement, process management, risk consultancy activities, Shared Business Support Services, IT Infrastructure Sharing, NBFC related activities and internet telecommunication services.

c) Due to diversified nature of business, significant assets are interchangeably used between segments and the management believes that it is currently not practicable to provide segment disclosure relating to capital employed since a meaningful segregation is not possible.

Notes.

1. These above financial results have been reviewed and recommended by the Audit Committee. The same have been approved by the Board of Directors of the Company at its meeting held onFebruary09, 2021.
1. The Company has investments of20,000 Lakhs (face value)in Secured Non-Convertible Debentures issued by IL&FS Transportation Networks Ltd (ITNL) (subsidiary ofInfrastructure Leasing&FinanceLtd —IL&FS) which were rated "A" by the rating agencies and secured by way of charge on certain assets of ITNL.In earlier years, ITNL has defaulted in payment of interest and rating agencies have revised the credit ratings to the lowest category 'D' i.e. default. National Company Law Tribunal, Mumbai (NCLT) hassuperseded the board of IL&FS and appointed Govt. nominees. Resolution process has been initiated under Companies Act under the supervision of National Company Law Appellate Tribunal (NCLAT), in addition to various investigations and legal proceedings. The Company has filed itsclaim and also taken various measures including filing legal cases against specified parties at appropriate forum. The outcome of legal matters are pending. Since thesematters are pending at various stage of adjudication and considering the uncertainties,the Company isunableto quantify the impact of these investments, however on conservative basis, the Companyhas impaired the investment for the expectedcreditloss by 5,000 lakhs duringthe previous year.
3The Company has investments of r 20,000 Lakhs (facevalue)Secured Redeemable,Non- Convertible Debentures of Dewan Housing Finance Corporation Ltd (DHFL) whichwere rated AAA bytheratingagencies and secured by wayoffloating charge on receivables. In previous year, DHFL has defaulted in payment of interest and rating agencies have revised the credit ratings tothelowest category 'D'i.e.default. RBI filed corporate insolvency resolution process (CIRP) against DHFL inNCLT, Mumbaiandalsoappointed Administrator. The Company has filed Its claim andalsotaken various measures including filing legalcases against specified parties at appropriate forum. The Administrator, as authorised by the Committee ofCreditors of DHFL, has issued Letter of Intent (WI) to successful Resolution Applicant. NOC from RBI and approval from NCLT is awaited for initiating implementation of Resolution Plan. . The outcomeoflegal matters are pending. Since these matters are pending at various stage of adjudication and considering the .dainties, the

Company is unable to quantify the impact of Mese investment. However, on conservative basis, Company has made provision for expected credit loss of 5,000 lakhs during the previous year.

The Company has investments in 9% Yes Bank Perpetual Additional TierI (AT-1) Bonds amounting to30,000 Lakhs (face value) which was rated AA by the rating agencies. On March 6, 2020, the Central Government announced draft scheme of reconstruction of Yes Bank Ltd. (YBL), which inter alia included proposal for complete written down of AT- 1Bonds permanently. On March13,2020,the governmentnotified the final scheme as YES Bank Reconstruction Scheme 2020. ("Final Reconstruction Scheme").The Final Reconstruction Scheme had excluded the writing off AT-1 bonds and it carried clause provides that all contracts, deeds, bonds, etc., shall be effective to the extent and in the same manner, as was applicable before such commencement. However, on March 14, 2020, Yes Bank through Administrator informed the stock exchanges that the Perpetual Subordinated Basel III Compliant Additional Tier I Bonds issued by the Yes Bank for an amount of 8,415 crores need to be fully written down permanently and stand extinguished with immediate effect.Trustees of the issue and the Company have taken legal recourse to this action of the Yes bank. In the opinion of the Company, action of the Administrator of the Yes bank in writing down the bond is illegal and hopeful that the amount will be recovered fully once the matter is legally decided in appropriate courts.
5Hon'ble Bombay High Court passed an ad interim order inter alia restraining the Company from distributing any dividend or depositing the same in the dividend distribution account in accordance with the provisions of the Companies Act, 1956 (to be read as Companies Act, 2013) pending the final hearing and disposal of the Notice of Motion. This Notice of Motion was filed in one of the suits. In compliance to the said order, the Company has not distributed the final dividend for the financial year 2014-15 @ 5/- per share amounting to 2,303.93 lakhs, to the shareholders pursuant to the directions of the Hon'ble Bombay High Court and hence is not in default in compliance with the statutory provisions under the Companies Act, 2013. Further, the shareholders of the Company have approved final dividend for year 2016-17, 2017.18 2018 - 19 and 2019- 20 @ 2/- per share for each year, aggregating to 3,686.28 lakhs, subject to appropriate judicial order which is also pending for distribution to the shareholders due to aforesaid restrictions. All the Notice of Motions and the Contempt Petitions filed against the Company have been tagged together and pending for hearing.
5The writ petition filed by the Company challenging the legality and propriety of the Forward Markets Commission's ('FMC') order on the Company inter alia declaring "not a fit & proper person" is pending for hearing before the Hon'ble Bombay High Court. Solely based on FMC order, SEBI and CERC declared the Company as not a fit and proper person to hold shares in recognized stock exchanges and power exchanges respectively. The Company has filed civil appeals before Hon'ble Supreme Court challenging the SEW order and CERC order. The civil appeal against CERC is pending for hearing before the Hon'ble Supreme Court.
7The Union of India, through the Ministry of Corporate Affairs ("MCA"), has filed the Company Petition before the Principal Bench of the Company Law Board at New Delhi, inter-alia seeking removal and supersession of the Board of Directors of the Company. Subsequently, the matter was transferred to NCLT, Chennai. The NCLT has as interim arrangement with consent formed a committee to consider sale of the assets of the Company pursuant to regulatory directions / requirements, treasury management and funding requirements of the subsidiaries. The NCLT vide its order dated June 4, 2018, dismissed the prayer of MCA for removal and supersession of the entire Board of the Company and ordered MCA to nominate three directors on the board of the Company. The NCLAT vide its order dated March 12, 2020 was pleased to uphold the NCLT Order. The Company has filed civil appeal before Hon'ble Supreme Court challenging the orders passed by NCLAT & NCLT.
1. a) During the previous years, civil suits have been filed against the Company in relation to the counter party payment default occurred on the exchange platform of NSEL, wherein the Company has been made a party. In these proceedings certain reliefs have been claimed against the Company, inter-alia, on the ground that the Company is the holding company of NSEL. These matters are pending before the Hon'ble Bombay High Court for adjudication. The Company has denied all the claims and con•s in its reply.

There is no privity of contract between the Company and the Plaintiffs therein. The management is of the view that the parties who have filed the Civil Suits would not be able to sustain any claim against the Company. These matters are pending for hearing before the Hon'ble Bombay High Court.

b) First Information Reports (FIRs) have been registered against various parties, including the Company, with the Economic Offences Wing, Mumbai (EOW) and Central Bureau of Investigation (CBI) in connection with the counter party payment default on NSEL trading platform. After investigation, FOW, Mumbai has presently filed 4 charge-sheets in the matter. The Company has been named in the charge sheet filed in December 2018. CBI has filed charge-sheets including against the Company for alleged loss caused to PEC Ltd. & MMTC Ltd. on NSEL platform and the case is pending for trial before the Hon'ble CBI court.

c) The CBI - EOW, has registered an FIR which pertains to alleged conspiracy between the accused private persons and the named officials of Securities & Exchange Board of India (SEBI) in granting renewal of stock exchange license to MCX Stock Exchange Limited (MCX-SX) by SEBI in August 2010, by suppression of facts. There is no direct allegation against the Company in the FIR. Therefore, the Company has filed a petition before the Hon'ble Court for quashing of the said FIR against itself.

d) The CBI - EOW, has registered complaint against the Company along with certain officials of FMC, SEBI and other for giving illegal benefits to Multi Commodity Exchange of India Limited (MCX) and allowing MCX trading as private commodity exchange. The investigation of the same is pending.

e) The SFIO has filed complaint with the Hon'ble Sessions Court under various sections of IPC and Companies Act 2013 against NSEL and others including the Company. The Company has challenged the issuance of process order before the Hon'ble Bombay High Court and the proceedings in the matter has been stayed by the Hon'ble High Court.

1. The Company had filed the Writ Petitions before the Bombay High Court challenging inter alia, the provisions of the MPID Act are violative of the Constitution and the validity of various notifications and corrigendum attaching the assets of the Company under the provisions of the MPID Act. The Hon'ble Bombay High Court vide its order dated August 22, 2019, pleased to quash and set aside the said impugned Notifications. The State of Maharashtra and NIAG have challenged the said Judgement before Hon'ble Supreme Court, wherein Company made statement that status quo as on date will be maintained. The matter is pending for hearing before the Supreme Court.
to. The Enforcement Directorate('ED') has attached certain assets of the Company under the provisions of the Prevention of Money Laundering Act, 2002(PMLA). The three Provisional Attachments Orders had been confirmed by the Adjudicating Authority. The Company had filed Appeals challenging the confirmation orders passed by the Adjudicating Authority, before the Hon'ble Appellate Tribunal. The Hon'ble Appellate Tribunal vide its order dated September 17, 2019 quashed the provisional attachment orders and imposed conditions with regard to the Company. The Company has filed the appeal before the Hon'ble Bombay High Court for the limited purpose for challenging the conditions put by the Hon'ble Appellate Tribunal. The Hon'ble Court was pleased to admit the appeal and clarified that the later part of the impugnedorder shall not govern the company. The E.D. has also filed cross appeal which is tagged with the Company's appeal. The matter is pending for hearing. Meanwhile, ED has filed a prosecution complaint before the Spl. PMLA Court against the Company and the same is pending for trial.
it The Company has a total MAT credit entitlement of 8,950.29 lakhs as at December 31, 2020. The management of the Company is confident that the Company will be able to utilize unexpired MAT entitlement in future unexpired years.
1. During the quarter ended December 31, 2020, the Company has made additional long-term investments aggregating 301.43 lakhs in a subsidiary.

1. The company has considered internal and external sources of information up to the date signing in evaluating the possible effects that may results from the pandemic relating to COVID-19 on the carrying amounts of trade and unbilled receivable, contract assetsandcontract cost andintangibleassets and certain investment.The Company continue to closely monitor any material changes to future economic condition and is confident about the recoverability of these assets.
1. The Statutory Auditors vide their Independent Auditors Limited Review Report dated February 09,2021. issued the qualified conclusion on the unaudited standalone financial results quarter and nine months ended December 31, 2020 and basis for qualified conclusion and Management responses thereto are as under:-

Note Number 2 to 4 and 8 to 10 to the Statement forms the basis for our qualified conclusion,which are as follows

(A) The Company has investment of Rs.20,000 Lakhs (face value) each in secured non-convertible debentures issued by IL&FS Transportation Networks Ltd (ITNL) (subsidiary of Infrastructure Leasing & Finance Ltd — ILFS) and Dewan Housing Finance Corporation Ltd (DHFL). These companies i.e., ITNL and DHFL have defaulted in payment of interest and various rating agencies have revised their credit ratings to the lowest category 'D' i.e., default. Resolution process is in progress i.e., under Companies Act for ITNL and Corporate Insolvency Resolution Process (CIRP) under IBC Act in case of DHFL, in addition to various investigations and legal proceedings. The Company's management has also taken various measures including filing legal cases against specified parties. (Refer note 2 and 3 to the Statement).

In addition, the Company has investment of Rs.30,000 Lakhs (face value) in Perpetual Additional Tier bonds ("AT I bonds") issued by Yes Bank Limited ("Yes Bank"). On 14 March 2020, yes Bank through its administrator informed the stock exchanges that these AT I bonds need to be fully written down permanently and stand extinguished with immediate effect. Trustee and the Company, have taken legal recourse to this action of the Yes bank. (Refer note 4 to the Statement)

The Company's management and those charged with Governance have represented to us that since these matters are pending at various stages of adjudication and considering the uncertainties, management is unable to quantify the impact on these investments.

Management Response: Refer Note 2, 3 and 4 above.

(B) As stated by the Management of the Company in Note 8 to the Statement, Civil Suits have been filed against the Company in relation to event occurred on National Spot Exchange Limited trading platform. These matters are pending at various stages of adjudication. As stated in the said note, the management of the Company does not foresee that the parties who have filed Civil Suits would be able to sustain any claim against the Company. In addition, as stated by the management in note 8, 9 and 10 to the Statement, there are First Information Reports ("FIR")/ complaints/ charge-sheets/ orders/ notices registered/ received against various parties including the Company from/ with the Economic Offences Wing of the Mumbai Police (EOW), Central Bureau of Investigation (CBI), Home Department - Government of Maharashtra under MPID Act, the Directorate of Enforcement and the Serious Fraud Investigation Office (SFI0). Above matters are pending at various stages of adjudication/investigation.

In this regard, the Management and those charged with Governance have represented to us that other than as stated in the said notes to the Statement, there are no claims, litigations, potential settlements involving the Company directly or indirectly which require adjustments to/disclosures in the Statement and that the ability of the Company to carry out its day-to-day operations/activities is not seriously affected due to any such FIR/complaints/ letters/ orders/ notices/ reports as aforesaid

Accordingly, inviewof above representations regarding legal mattersatvariousstagesof adjudication and ongoing investigations/ matters, the outcome of which is not knownand isuncertainatthis stage, we are unabletocomment on the consequential impact in respectofthe sameon theresults for the quarter and nine months period ended 31 December 2020.

Management Response: Refer Note 8, 9 and 10 above.

1. The Statutory Auditors vide their Independent Auditors Limited ReviewReportdated February09, 2021 issued the qualified conclusion on the unaudited consolidated financial results forfinancial results quarter and nine months ended December 31, 2020 and basis for qualified conclusion thereto areasdisclosed:-
- I. Basis for qualified conclusion pertaining to the Company and management response thereto, ReferNote no 14 above.
- II. Basis forqualified conclusion by the Independent Auditors of NSEL videtheirLimitedReview Report on the unaudited consolidated financial results for quarter and nine monthsended December 31,2020 of NSEL, are reproduce hereunder:
  - a) NSEL has been served with notices/letters/summons from various statutory authorities/regulators/government departments and somepurportedaggrievedparties, pertaining to the periodpriorto suspension of the exchange related operationsfrom31" July2013.Thereare some writ petitions, public interest litigations, civil suits including in representative capacity filed byand against the Company. Such matters against the Company are sub-judice before different forums. The Group may be exposed to civil/criminal liabilitiesincase ofanyadverse outcomeof these investigations/enquiries or legal cases or any other investigations asreferred above enquiresor suits which may arise at a later date.

In the lightofthe above representations regarding the ongoing investigations and matters,theoutcome of which isnotknown and is uncertain at this stage, we are unable to comment onthe consequential impact in respect of the same on the results for the quarter ended 31st December, 2020.

NSEL Management Response:

NSEL is taking all stepstodefend its position, howeversinceall matters aresub-judice,the Companyis unable to quantify the impact, if any, of such legal proceedings on the financial statements of the Company. The management of the Company does not foresee that the parties who have filed Civil Suits against the Company will be able to sustain any claim against the Company. There are no claims/litigations/potential settlements involving the Company directly or indirectly, which may require adjustmentsinthe Consolidated Ind AS Financial Statement.

b) The trade receivables, other receivables, loans and advances and deposits are subject toconfirmation and reconciliation. The management, however, does not expect any material changes on account of such reconciliation/ confirmation from parties. In many cases legal notices have been sent to the parties in earlier years; however, we are unable to form any opinion on the recoverability of the outstanding balances of such parties.

NSEL Management Response:

Majority in value of the trade and other receivables, loans and advances etc. are under litigation/subject to court orders. Where amount is doubtful for recovery, Company has either made provision or disclosed the reason for non-provisioning. Company is making full efforts for recovery of the amounts.

Previous year/period figures have been regrouped/reclassified, wherever necessary, to conform to current period's presentation.

For 63 moons technologies limited

Place: Mumbai jendr.ah Date: February 09, 2021 Managing Director & CEO DIN- 02686150

Corporate Office: FT Tower, CTS No 256-257, Suren Road, Chakala, Andheri (East), Mumbai — 400093

Sharp & Tannan Associates

Chartered Accountants

87 Nariman Bhavan, 227 Nariman Point Mumbai (Bombay) 400 021 , INDIA.

T: +91 22 6153 7500 ; 2202 2224 / 8857
F: . +91 22 2202 3856
E: [email protected]
W : www .sharp-tannan.com

Independent Auditor's Limited Review Report on Standalone Unaudited Financial Results of 63 moons technologies limited for the quarter and nine months period ended 31 December 2020 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To,

The Board of Directors 63 moons technologies limited CIN: L29142TN1988PLC015586 Mumbai.

Introduction

We have reviewed th e accompanying Statement of Standalone Unaudited Financial Results of 63 moons t echnologies limited ("the Company") for the quarter and nine months period ended 31 December 2020 ("the Statement") being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listi ng Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Regulation 2015") as amended.

Th is Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors on 9 February 2021, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standa rd 34 "Interim Financial Reporting" ("Ind AS 34" ) prescribed under Section 133 of the Companies Act, 2013 ("the Act") and other recognised accounting practices and policies generally accepted in India and Regu lation 33 of the SEBI Regu lation 2015, as amended. Our responsibility is to express a conclusion on the Statement based on our review.

Scope of review

We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of th e Entity" issued by the Institute of Chartered Account ant s of India. Th is standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for fin ancial and accounting matters, and applying analytical and other review procedures. A review is

Basis for qualified conclusion:

1. Note Number 2 to 4 and 8 to 10 to the Statement forms the basis for our qualified conclusion, which are as follows:
- A. The Company has investment of Rs. 20,000 Lakhs (face value) each in secured nonconvertible debentures issued by IL&FS Transportation Networks Ltd {ITNL) (subsidiary of Infrastructure Leasing & Fin ance Ltd - ILFS} and Dewan Housing Finance Corporation Ltd (DHFL). These companies i.e., ITNL and DHFL have defaulted in payment of interest and various rating agencies have revised their credit ratings to the lowest category 'D' i.e., default. Resolution process is in progress i.e., under Companies Act for ITNL and Corporate Insolvency Resolution Process (CIRP) under /BC Act in case of DHFL, in addition to various investigations and legal proceedings. The Company's management has also taken various measures including filing legal cases against specified parties. (Refer note 2 and 3 to the Statement)

In addition, the Company has investment of Rs. 30,000 Lakhs (face value) in Perpetual Additional Tier I bonds ("AT I bonds") issued by Yes Bank Limited ("Yes Bank"). On 14 March 2020, Yes Bank through its administrator informed the stock exchanges that these AT I bonds need to be fully written down permanently and stand extinguished with immediate effect. Trustee and the Company, have taken legal recourse to this action of the Yes bank. (Refer note 4 to the Statement)

The Company's management and those charged with Governance have represented to us that since these matters are pending at various stages of adjudication and considering the uncertainties, management is unable to quantify the impact on these investm ents.

B. As stated by the Management of the Company in Note 8 to the Statement, Civil Suits have been filed against the Company in relation to event occurred on National Spot Exchange Limited trading platform. These matters are pending at various stages of adjudication. As stated in the said note, the management of the Company does not foresee that the parties who have filed Civil Suits would be able to sustain any claim against the Company. In addition, as stated by the management in note 8, 9 and 10 to the Statement, there are First Information Reports ("FIR")/ complaints/ charge-sheets/ orders/ notices registered/ received against various parties including the Company from/ with the Economic Offences Wing of the Mumbai Police {EOW), Central Bureau of Investigation {CBI}, Home Department - Government of Maharashtra under MPID Act, the Directorate of Enforcement and the Serious Fraud Investigation Office {SFIO}. Above matters are pending at various stages of adjudication/investigation.

In this regard, the Management and those charged with Governance have represented to us that other than as stated in the said notes to the Statement, there are no claims,

Accordingly, in view of above representations regarding legal matters at various stages of adjudication and ongoing investigations/ matters, the outcome of which is not known and is uncertain at this stage, we are unable to comment on the consequential impact in respect of the same on the results for the quarter and nine months period ended 31 December 2020.

Qualified conclusion

Except for the possible effects of the matter specified under "Basis for Qualified Conclusion", and based on our review conducted as stated above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with t he recognition and measurement principles laid down in Ind AS 34 as prescribed under section 133 of the Act and other recognised accounting practices and policies generally accepted in India has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI Regulation 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

Emphasis of matter

1. We draw attention to Note 11 to the Statement, regarding utilisation of unexpired MAT credit entitlement by the Company. The Company has a total MAT credit entitlement of Rs. 8,950 Lakhs as at 31 December 2020. The Company's management is confident that they will be able to utilise unexpired MAT credit in eligible future years.
1. We draw attention to Note 13 to the Statement, which describes the economic and social consequences the entity is facing as a result of outbreak of Covid-19 pandemic which is impacting operations of the Company, personnel available for work etc.

Our conclusion is not qualified in respect of these matters of emphasis.

For Sharp & Tannan Associates Chartered Accountants Firm's registration no. 0109983W by the hand of

CA Pramod Bhise Partner Membership no.(F) 047751 UDIN: 21047751AAAABM4889

Pune, 09 February 2021

Sharp & Tannan Associates

Chartered Accountants

87 Nariman Bhavan, 227 Nanman Point Mumbai (Bombay) 400 021, INDIA.

T: +91 22 6153 7500 ; 2202 2224 / 8857
F: . +91 22 2202 3856
E: [email protected]

W: www.sharp-tannan.com

Independent Auditor's Limited Review Report on consolidated unaudited financial results of 63 moons technologies limited for the quarter and nine months period ended 31 December 2020 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To,

The Board of Directors 63 moons technologies limited CIN: L29142TN1988PLC015586 Mumbai.

Introduction

1. We have reviewed the accompanying statement of consolidated unaudited financial results of 63 moons technologies limited ("the Parent" or "the Company") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group"), and its share of net profit/(loss) after tax and total comprehensive income/(loss) of its associate for the quarter and nine months period ended 31 December 2020 ("the Statement" ), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Regulation 2015" ), as amended.
1. The Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors on 09 February 2021, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, "Interim Financial Reporting" ("Ind AS 34") prescribed under Section 133 of the Companies Act, 2013, ("the Act" ) and other recognised accounting practices and policies generally accepted in India and Regulation 33 of the SEBI Regulation 2015, as amended. Our responsibility is to express a conclusion on the Statement based on our review.

Scope of review

We conducted our review of the Statement in accordance with the Standard on Review Engagement s (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an aud it opinion.

by the SEBI under

.... 2

'The Statement' includes the results of the entities mentioned in Annexure A.

Basis for qualified conclusion

1. Note Number 2 to 4 and 8 to 10 to the Statement forms the basis for our qualified conclusion, which are as follows:
- A. The Com pany has investment of Rs. 20,000 Lakhs (face value) each in secured nonconvertible debentures issued by IL&FS Transportation Networks Ltd (JTNL) (subsidiary of Infrastructure Leasing & Finance Ltd - ILFS) and Dewan Housing Finance Corporation Ltd (DHFL). These companies i.e., ITNL and DHFL have defaulted in payment of interest and various rating agencies have revised their credit ratings to the lowest category 'D' i.e., default. Resolution process is in progress i.e., under Com panies Act for ITNL and Corporate Insolvency Resolution Process (CIRP) under /BC Act in case of DHFL, in addition to various investigations and legal proceedings. The Company's management has also taken various measures including filing legal cases against specified parties. (Refer note 2 and 3 to the Statement)

In addition, the Company has investment of Rs .30,000 Lakhs (face value) in Perpetual Additional Tier I bonds ("AT I bonds") issued by Yes Bank Limited ("Yes Bank"). On 14 March 2020, Yes Bank through its administrator informed the stock exchanges that these AT I bonds need to be fully written down permanently and stand extinguished with immediate effect. Trustee and the Company, have taken legal recourse to this action of the Yes bank. (Refer note 4 to the Statement)

B. As stated by the Management of the Company in Note 8 to the Statement, Civil Suits have been filed against the Company in relation to event occurred on National Spot Exchange Limited trading platform. These matters are pending at various stages of adjudication. As stated in the said note, the management of the Company does not foresee that the parties who have filed Civil Suits would be able to sustain any claim against the Company. In addition, as stated by the management in note 8, 9 and 10 to the Statement, there are First Information Reports ("FIR"}/ complaints/ charge-sheets/ orders/ notices registered/ received against various parties including the Company from/ with the Economic Offences Wing of the Mumbai Police (EOW}, Central Bureau of Investigation (CBI), Hom e Department - Government of Maharashtra under MPID Act, the Directorate of Enforcement and the Serious Fraud Investigation Office (SF/0). Above matters are pending at various stages of adjudication/investigation.

Accordingly, in view of above representations regarding legal matters at various stages of adjudication and ongoing investigations/ matters, the outcome of which is not known and is uncertain at this stage, we are unable to comment on the consequential impact in respect of the same on the results for the quarter and nine months period ended 31 December 2020.

6. We reproduce hereunder the 'Basis for Qualified Conclusion' issued by the independent auditor(s) of a subsidiary viz. National Spot Exchange Limited ('NSEL') vide their limited review report on the consolidated financial statements of NSEL, to the extent the same are found significant as per the Guidance issued by the Institute of Chartered Accountants of India, from time to time and which also forms the basis for qualified conclusion in our review report on the accompanying Statement of the Group:
- A. "NSEL has been served with notices/letters/summons from various statutory authorities/regulators/government departments and some purported aggrieved parties, pertaining to the period prior to suspension of the exchange related operations from 31 July 2013. There are some writ petitions, public interest litigations, civil suits including in representative capacity filed by and against the Company. Such matters against the Company are sub-judice before different forums. The Group may be exposed to civil/criminal liabilities in case of any adverse outcome of these investigations/enquiries or legal cases or any other investigations as ref erred above enquires or suits which may arise at a later date.

In the light of the above representations regarding the ongoing investigations and matters, the outcome of which is not known and is uncertain at this stage, we are unable to comment on the consequential impact in respect of the same on the results for the quarter ended 31 December 2020."

B. "The trade receivables, other receivables, loans and advances and deposits are subject to confirmation and reconciliation. The management, however, does not expect any material changes on account of such reconciliation/ confirmation from parties. In many cases legal notices have been sent to the parties in earlier years; however, we are unable to form any opinion on the recoverability of the outstanding balances of such parties."

Qualified conclusion

Except for the possible effects of the matter specified under "Basis for qualified conclusion", and based on our review conducted and procedures performed as stated in "Scope of review" paragraph above and based on the consideration of the review reports of other auditors referred to in "Other matters" paragraph below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 and other accounting principles generally accepted in India, has not disclosed the information r~quired to be disclosed in terms of Regulation 33 of the SEBI Regulation 2015, as amended, including the manner in whi ch it is to be disclosed, or that it contains any mat erial misst atement.

63 moons CFS LRR Q3 2020-21 Page 3 of 6

Emphasis of matter

1. We draw attention to Note 11 to the Statement, regarding utilisation of unexpired MAT credit entitlement by the Company. The Company has a total MAT credit entitlement of Rs. 8,950 lakhs as at 31 December 2020. The Company's management is confident that they will be able to utilise unexpired MAT credit in eligible future years.
1. We draw attention to Note 13 to the Statement, which describes the economic and social consequences the entity is facing as a result of outbreak of Covid-19 pandemic which is impacting operations of the Company, personnel available for work etc.

Our conclusion is not modified in respect of these matters of emphasis.

Other matters

1. Interim Ind AS financial statements of two domestic subsidiaries included in the Statement have been reviewed by their respective independent auditor and it reflects total revenue of Rs. 1,436 lakhs, total net profit/(loss) after tax of Rs. (1,575) lakhs and total other comprehensive income/(loss) of Rs. 0 lakhs for nine months period ended 31 December 2020. These interim financial statements have been reviewed by their respective independent auditors whose review reports have been furnished to us by the Parent's management. Our conclusion on the accompanying Statement, to the extent it has been derived from such interim financial statements is based solely on the reports of such other auditors and the procedures performed by us as stated above.
1. The Statement includes interim financial statements (separate/consolidated)/ financial information of eleven domestic subsidiaries, four foreign subsidiaries and an associate which have not been reviewed by their respective independent auditors and is certified by the respective Company's management. These interim financial statements (separate / consolidated)/ financial information reflects total revenue of Rs. 312 lakhs, total net profit/ (loss) after tax of Rs. (127) lakhs and total other comprehensive income/(loss) of Rs. 0 lakhs for nine months period ended 31 December 2020. The Statement also includes the Group's share of profit of Rs. 39 lakhs for the nine months period ended 31 December 2020, in respect of an associate. Our conclusion on the accompanying Statement in so far as it relates to the amounts and disclosures included in respect of these subsidiaries and an associate is based solely on these management certified interim financial statements (separate/consolidated)/ financial information, to the extent applicable, as stated above. Accord ing to the information and explanations given to us by the Parent Company's management, these interim financial statements (separate/consolidated)/ financial information are not material to the Group.

Certain subsidiaries are located outside India and their interim financial statements (separate/consolidated)/ financial information have been prepared in accordance with accounting principles generally accepted in their respective countries. The Parent Company's management has converted these interim financial statements (separate/consolidated)/ financial information from accounting principles generally accepted in their respective countries to accounting principles generally accepted in India. We have reviewed these conversion adjustments made by the Parent Company's management. Our conclusion in so far as it relates to the balances and affairs of these subsidiaries located outside India is based on the management certified information and the conversion adjustments prepared by the management of the Holding Company and reviewed by us.

Our conclusion is not modified in respect of these other matters.

Sharp & Tannan Associates Chartered Accountants Firm' s registration no. 109983W by the hand of

... CA Pramod Bhise

Partner Membership no.(F) 047751 UDIN : 21047751AAAABN3984

Pune, 09 February 2021

Annexure A t o the Independent Auditors' Review Report on unaudit ed consolidated financial results of 63 moons technologies limited for quarter and nine months period ended 31 December 2020

Sr.no.	-Name of the Comp~ny	Nature of relationship
1.	Tickerplant Limited	Domestic subsidiary
2.	Financial Technologies Communication s Limited	Domestic subsidiary
3.	-Credit Market Services Limited	Domestic subsidiary
4.	Apian Finance & Investment Limited	Domestic subsidiary
5.	--FT Projects Limited	Domestic subsidiary
6.	Riskraft Consulting Limited	Domestic subsidiary
7.	-Global Payment Networks Limited	Domestic subsidiary
8.	-FT Knowledge Management Company Limited	Domestic subsidiary
9.	-IBS Forex Limited	Domestic subsidiary
10.	National Spot Exchange Limited (NSEL)	Domestic subsidiary
11.	--Indian Bullion Market Association Limit ed (subsidiary ofNSEL)	Domestic subsidiary
12.	Farmer Agricultural Integrated Develop ment Alliance------Limited (subsidiary of NSEL)	Domestic subsidiary
13.	Western Ghats Agro Growers Company Limited__(WGAGL) (subsidiary of NSEL)_	Domestic subsidiary
14.	FT Group Investments Pvt. Limited. (FTGIP!d_	Foreign subsidiary
	Bourse Africa Limited (BAL) (subsidiaryof FTGIPL) -under liquidation	Foreign subsidiary
	-Financial Technologies Middle East DMCC (subsidiary ofFTGIPL)----,--	Foreign subsidiary
15.	Financial Technologies Singapore Pte L imited	Foreign subsidiary
16.	-ICX Platform (Pty) Limited	Foreign subsidiary
17.	--__Knowledge Assets Pvt. Limited	Foreign subsidiary
18.	Atom Technologies Limited-	Associate

AI assistant

63 Moons Technologies Limited Interim / Quarterly Report 2021

60264_rns_2021-02-09_8b5c0160-6df8-4025-b5d1-fe390ceca4f7.pdf

Sub: Unaudited Financial Results (Standalone and Consolidated) alongwith Limited Review Report for the quarter ended 31St December, 2020