August 12, 2024

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

Dear Sir / Madam,

Sub: Outcome of Board Meeting

Pursuant to the applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that the Board of Directors of the Company, at its meeting held today, inter-alia has approved the following:

a. Unaudited Financial Results (Standalone and Consolidated) of the Company alongwith Limited Review Report for the quarter ended 30 thJune 2024.
b. Appointment of M/s. Chaturvedi Sohan & Co. (Firm Registration no. 118424W), Chartered Accountants, Mumbai, as Statutory Auditors of the Company for a period of five years, based on the recommendation of the Audit Committee and the Board of Directors, to hold office from the conclusion of forthcoming 36thAnnual General Meeting till the conclusion of 41stAnnual General Meeting, subject to the approval of the Shareholders of the Company, in place of M/s. Sharp & Taman Associates (Firm Registration no. 0109983W), Chartered Accountants, existing Statutory Auditors, whose second term of five years will be expiring upon conclusion of the forthcoming 36thAnnual General Meeting.
c. Notice for the 36th Annual General Meeting of the Company scheduled to be held on Friday, 27thSeptember 2024 through Video Conferencing / Other Audio-Visual Means, alongwith Directors Report, Management Discussion and Analysis report, Corporate Governance report, Business Responsibility and Sustainability Report and related annexures thereto.

The meeting commenced at 3:00 p.m. and was deemed to be closed for the above items at 5.25 p.m. However, since there were certain unfinished agenda items needing Boards deliberation and approval, the Chairman, with the consent of all the Directors present, decided to adjourn the Board Meeting to next day i.e. Tuesday, 13 thAugust 2024 at 10 a.m. to consider the remaining agenda item(s). 00 Or,

63 moons technologies limited qso

Corporate Office: FT Tower, CTS No. 256 & 257, Suren Road, Chakala, Andheri (East), Mumbai 400 093, India. T +91 22 66868010 1 P +91 22 66868050 I E: [email protected] 1 W. www.63moons.com

Registered Office: Shakti Tower - II, 4th Floor, Premises - J, 766, Anna Salai, Chennai - 600 002. T +91 44 4395 0850 1 P. +91 44 4395 0899 1 CIN No.: 1_29142TN1988PLC015586

Copy of the Financial results and Limited Review Report alongwith disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13 th

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

Thanking you,

Yours faithfully For 63 technologies limited

Hariraj Chouhan Sr. VP & Company Secretary

Encl: a/a

Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13thJuly, 2023:

C4 L:, 4 6	Details of event(s)	Information of such event(s)
		Completion of term of MA. Sharp & Tannan Associates, Chartered Accountants, as of Auditors Statutory the Company	Ws. of Chaturvedi Appointment Sohan & Co., Chartered Accountants as Statutory Auditors of the Company
1.	Reason for change viz. appointment, re appointment, resignation, removal, death or otherwise	of Completion tenure (second term of five years) of present Statutory Auditors upon the conclusion of 36th AGM.	Appointment of new statutory Auditors in place of retiring Auditors, to hold office for a term of 5 years from the conclusion of 36thAGM upto the conclusion of 41' AGM of the Company.
2.	Date of appointment/re appointment/cessation (as applicable) & term of appointment/re appointment	NA	Appointment of new statutory Auditors in place of retiring Auditors, to hold office for a term of 5 years from the conclusion of 36th AGM to be held on 27thSeptember 2024 upto the conclusion of 41" AGM of the Company.
3.	Brief profile (in case of appointment)	NA	M/s. Chaturvedi Sohan & Co, Chartered Accountants (Regn No.118424W), Mumbai, is one of the leading Audit firms having presence across the industries with a clientele which includes leading Indian Companies spread across various industries and sectors. They are well experienced with multi-disciplinary understand expertise necessary to the intricacies of the business
4.	of Disclosure relationships between of directors case (in of appointment a director)	NA	NA

63 moons technologies limited

Regd. Office: Shakti Towers-1I,J,4th Floor, 766, Anna Salai, Chennai - 600002. CIN - L29142TN1988PLC015586

	(₹ in lakhs, except per equity share data)
			Quarter ended
Sr.	PARTICULARS	30.06.2024	31.03.2024	30.06.2023	31.03.2024
No.		Unaudited	Audited	Unaudited	Audited
	Income
1	Operating Income
	a) Revenue from Operations	3,393.18	3,299.64	11,094.56	45,525.68
	b) Other Operating Income	0.30	0.30	0.30	1.20
2	Other Income (net)	3,756.97	3,665.71	2,998.80	13,766.53
3	Total Income (1+2)	7,150.45	6,965.65	14,093.66	59,293.41
$\overline{4}$	Expenses
	a) Purchase of stock-in-trade			300.00	300.00
	b) Employee benefits expense	3,617.68	3,702.05	3,526.74	14,843.07
	c) Legal and professional charges	1,127.48	953.14	1,332.11	4,578.53
	d) Depreciation and amortisation expense	349.30	313.80	334.71	1,287.83
	e) Finance costs	25.94	26.23	19.00	89.26
	f) Other expenses	1,628.00	1,885.18	1,228.69	6,392.27
	Total expenses	6,748.40	6,880.40	6,741.25	27,490.96
5	Profit / (Loss) before Exceptional items (3-4)	402.05	85.25	7,352.41	31,802.45
6	Exceptional items	(1,500.00)	(750.00)	(1,000.00)	(4,750.00)
7	Profit / (Loss) before tax (5+6)	(1,097.95)	(664.75)	6,352.41	27,052.45
8	Tax expense / (credit)	113.04	(3,622.25)	1,209.95	130.82
9	Net Profit/ (Loss) for the period (7-8)	(1, 210.99)	2,957.50	5,142.46	26,921.63
10	Other Comprehensive Income	(6.85)	54.46	(20.20)	(52.17)
11	Total Comprehensive Income (9+10)	(1, 217.84)	3,011.96	5,122.26	26,869.46
12	Paid-up equity share capital (Face value ₹2/- per share)	921.57	921.57	921.57	921.57
13	Reserves excluding revaluation reserves				2,86,682.77
14	Earnings per share (Face Value ₹ 2/- per share)
	Basic / Diluted $($ ₹) (not annualised)	(2.63)	6.42	11.16	58.43

A. STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2024

Standalone Other Income Consists of: (T in lakhs)

Particulars		Quarter ended
	30.06.2024	31.03.2024	30.06.2023	31.03.2024
(a) Change in fair valuation of Investments	206.59	237.07	223.24	855.88
(b) Interest Income	3.188.52	3.164.88	2,514.87	11,862.33
(c) Others (net)	361.86	263.76	260.69	1.048.32
	3,756.97	3,665.71	2,998.80	13,766.53

Standalone exceptional items cons:	$(5$ in lakhs)

	Quarter ended		Year Ended
Particulars	30.06.2024	31.03.2024	30.06.2023	31.03.2024
$(a)$ Investment in subsidiary written off / Expected credit loss on investment in subsidiaries (net)	(1,500.00)	(750.00)	(1,000.00)	(4,750.00)
	(1,500.00)	(750.00)	(1,000.00)	(4,750.00)

	[T In Iakhs, except per equity share data)
			Quarter Ended		Year ended
Sr.	PARTICULARS	30-06-2024	31-03-2024	30-06-2023	31-03-2024
No.		Unaudited	Audited	Unaudited	Audited
1	Operating Income
	a) Revenue from Operations	3,869.74	3,743.78	11,498.21	47,176.26
	b) Other Operating Income	3.83	9.02	9.26	34.50
2	Other Income (net)	4,880.50	3,712.43	3,275.54	14,797.19
3	Total Income (1.2)	8,754.07	7,465.23	14,783.01	62,007.95
4	Expenses
	a) Purchases of stock-in-trade	-	-	300.00	300.00
	b) Employee benefits expense	4,661.07	4,805.56	4,525.41	19,157.38
	c) Finance costs	26.12	29.96	19.47	97.11
	d) Legal and professional charges	2,003.49	2,377.67	2,246.35	8,919.01
	e) Depreciation and amortisation expense	815.66	750.92	765.67	3,029.12
	f) Other expenses	2,281.12	2,787.74	11811.31	9,115.42
	Total expenses	9,787.46	10,751.85	9,668.21	40,618.04
5	Profit / (loss) before Exceptional items (3-4)	(1,033.39)	(3,286.62)	5,114.80	21,389.91
6	Exceptional items	-	-	-	-
7	Profit! (loss) before tax (5*6)	(1,033.39)	(3,286.62)	5,114.80	21,389.91
8	Tax expense	117.29	(3,615.15)	11216.25	154.84
	Net Profit / (loss) after taxes (7-8)	(1,150.68)	328.53	3,898.55	21,235.07
	10 Share of profit/ (Ioss)of Associate	37.51	53.83	(174.58)	(259.13)
	11 Non-Controlling interest	254.48	419.82	213.20	1,274.65
	12 Net Profit / (loss) after taxes, minority interest and share of		R
	profit of associates (91011)	(858.69)	802.18	3,937.17	22,250.59
	13 Other Comprehensive Income	(6.84)	3.6	(20.20)	(53.35)
	14 Total Comprehensive Income (12*13)	(865.53)		3,916.97	22,197.24
	15 Paid-up equity share capital (Face value 2/- per share)	921.57	9	921.57	921.57
	16 Reserves excluding revaluation reserves		_____		3133,815.07
	2/- per share) 17 Earnings per share (Face Value Basic / Diluted () (non annulised)	(1.86)	1.74	8.54	48.29

B. STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2024

Consolidated Other Income Consists of:				(T in Iakhs)
Particulars		Yearended
	30-06-2024	31-03-2024 1	30-06-2023	31-03-2024
(a) Change in fairvaluatiori of Investments	229.73	258.63	242.78	939.13
(b) Interest Income	3,378.47	3,124.68	2,796.49	12,719.99
(c) Others (net)	1,272.30	329.12	236.27	1,138.07
	4,880.50	3,712.43	3,275.54	14,797.19

	Consolidated Segment-wise Revenue and results: -				(T in Iakhs)
Sr.	Particulars		Quarter Ended		Vearended
No.		30-06-2024 1	31-03-2024	30-06-2023	31-03-2024
	Segment Revenue:
	STP Technologies I Solutions	3,532.93	3,749.63	11, 165.55	46,861.15
	Others	346.19	8.72	347.47	371.81
	Iota)	3,879.12	3,758.35	11,513.02	47,232.96
	Less; Inter segment Revenue	5.55	5.55	5.55	22.20
	Net Sales /Income From Operations	3,873.57	3,752.80	11,507.47	47,210.76
2	Segment Results:
	SIP Technologies / Solutions	(673.18)	(1,570.88)	6,609.20	26,693.48
	Others	(1,867.75)	(1,866.34)	(1,502.79)	(6,352.66)
	Total	(2,540.93)	(3,437.22)	5,106.41	20,340.82
	Less; Eliminations	)56.00)	48.80	(42.14)	(175.13)
	Net Segment Results	(2,484.93)	(3,486.02)	5,148.55	20,515.95
	Less; Finance Cost	26.12	29.96	19.47	97.11
	Add ; Unallocable Income	4,880.50	3,712.43	3,275.54	14,797.19
	Less: Unallocable Expenses	3,402.84	3,483.07	3,289.82	13,826.12
	Profit / (loss) before tax	(1,033.39)	(3,286.62)1	5,114.80	21,389.91

a) Segments have been identified in accordance with the Ind AS 108 Segment Reporting considering the organization structure and the return/risk profiles of the business.
b) SIP 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, process management, risk consultancy activities, Shared Business Support Services, IT Infrastructure Sharing and NBFC related activities.
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 on August 12, 2024.
1. The Company has investments of 20,000 Lakhs (face value) in Secured Non-Convertible Debentures issued by IL&FS Transportation Networks Ltd (ITNL) (subsidiary of Infrastructure Leasing & Finance Ltd - IL&FS). Resolution process has been initiated under Companies Act under the supervision of National Company Law Appellate Tribunal (NCLAT). The Company has filed its claim and also taken various measures including filing legal cases against specified parties at an appropriate forum. During the resolution process, as approved by Hon'ble NCLAT, ITNL has made partial interim distribution to the creditors including Company and Company has received 1,644.82 lakhs during the year ended March 31, 2024. The Company without prejudice to its rights had impaired the investment for the expected credit loss by 11,636.55 lakhs till 31 March 2023 and has written off above-mentioned amounts in respective years.
1. The Company has investments in 9% Yes Bank Perpetual Additional Tier I (AT-1) Bonds amounting to 30,000 Lakhs (face value). On March 06, 2020, the Central Government announced draft scheme of reconstruction of Yes Bank Ltd. (YBL). The Final Reconstruction Scheme had excluded the writing off AT-1 bonds. However, on March 14, 2020, Yes Bank through Administrator informed the stock exchanges that Additional Tier I Bonds for an amount of 8,415 crores written down permanently which led to legal action by the trustees of the issue and by the Company. The Hon'ble Bombay High Court quashed and set aside the decision by Administrator of Yes Bank to write off Additional Tier 1 (AT-1) bonds. Yes Bank and RBI have challenged the Bombay High Court's order before the Supreme Court where the matter is stayed subject to the final order to be passed by the Supreme Court.
1. Hon'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 relating to NSEL counterparty default. In compliance to the said order, the Company has not distributed the final dividend approved by the shareholders for the financial year 2014-15, 2016-17, 2017-18 2018-19, 2019-20, 2020- 21 and 2022-23 aggregating to 7,833.35 lakhs. All the Notice of Motions and the Contempt Petitions filed against the Company have been tagged together and pending for hearing.

On May 24, 2024, the Board of Directors of the Company have proposed a final dividend of Z 2/- per share in respect of the year ended March 31, 2024 subject to the approval of shareholders at the Annual General Meeting and appropriate judicial order. If approved, it would result in a cash outflow of T 921.57 lakhs. The distribution of dividend is subject to appropriate Judicial order.

1. The Union of India, through the Ministry of Corporate Affairs ("MCA"), has filed a Company Petition before the Company Law Board, inter-alia seeking removal and supersession of the Board of Directors of the Company. The NCLT has, as interim arrangement with consent formed a committee for certain matters. In the Appeal, NCLT 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 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. In the interim, Hon'ble Supreme Court granted stay on appointment of director on the board of the Company, the matter is pending for hearing.
1. a) PostJuly-2013, 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 contentions 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 platform. After investigation, EOW, Mumbai has presently filed various 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 aforesaid cases are pending for trial before Court.

C) The SF10 has filed complaint with the Hon'ble Sessions Court under various sections of IPC and Companies Act against several persons/entities including the Company relating to NSEL payment default. 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. The matter is pending for hearing before Hon'ble Bombay High Court.

d) State Government attached various assets of the Company under MPID Act by issuing Gazette Notifications. The Company is in process of pursuing its remedy before Hon'ble MPID Court against said Notifications.

e) The Enforcement Directorate('ED') has attached certain assets of the Company under the provisions of the Prevention of Money Laundering Act, 2002(PMLA). The Hon'ble Appellate Tribunal 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. ED has also filed cross appeal, which is tagged with the Company's appeal. The matters are pending for hearing. Meanwhile, ED filed a prosecution complaint before the SpI. PMLA Court, Mumbai against the Company and the same is pending for trial.

During the quarter ended June 30, 2024, the Company has made additional long-term investments aggregating Z 3,000.00 lakhs in subsidiaries.

The Statutory Auditors vide their Independent Auditors Limited Review Report dated August 12, 2024 issued the qualified conclusion on the unaudited standalone financial results for quarter ended June 30, 2024 and basis for qualified conclusion and Management responses thereto are as under: -

Note Number 6 to the Statement forms the basis for our qualified conclusion, which are as follows:

(A) As stated by the Management of the Company in Note 6 (a) 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 6 (b, c, d, e) 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 (SF10). 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 which require adjustments to! disclosures in the Statement.

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 ended 30 June 2024.

Management Response: Refer Note 6 above.

1. The Statutory Auditors vide their Independent Auditors Limited Review Report dated August 12, 2024 issued the qualified conclusion on the unaudited consolidated financial results for quarter ended June 30, 2024 and basis for qualified conclusion thereto are as disclosed: -
I. Basis for qualified conclusion pertaining to the Company and management response thereto, Refer Note no 8 above.
II. Basis for qualified conclusion by the Independent Auditors of NSEL vide their Audit Report on the unaudited consolidated financial results for quarter ended June 30,2024 of NSEL, are reproduce hereunder:
- a) There are some writ petitions, public interest litigations, civil suits including in representative capacity filed by and against the Group and served with notices/letters/summons from various statutory authorities/regulators/government departments and some purported aggrieved parties. 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 regal cases or any other investigations as referred above enquires or suits which may arise later. The management of the Group does not foresee that the parties who have filed Civil suits against the Group will be able to sustain any claim against the Group.

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 June 30, 2024.

NSEL Management Response:

NSEL is taking all steps to defend its position, however since all matters are sub-judice, the Company is unable to quantify the impact, if any, of such legal proceedings on the financial statements of the Company. There are no claims/litigations/potential settlements involving the Company directly or indirectly, which may require adjustments in the Consolidated Ind AS Financial Statements.

b) The 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.

NSEL Management Response:

Majority in value of the 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.

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

Independent Auditor's Limited Review Report on standalone unaudited financial results of 63 moons technologies limited for the quarter ended 30 June 2024 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 the accompanying statement of standalone unaudited financial results of 63 moons technologies limited ("the Company") for the quarter ended 30 June 2024 ("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.

This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors on 12 August 2024, 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 Engagements (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

Assurance I Consulting I GRC I Tax Ahmedabad I Bengaluru I Chennai I Coimbatore I Delhi I Goa I Hyderabad I Mur Vadodara matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Basis for qualified conclusion

As stated by the Management of the Company in Note 6 (a) 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 6 (b, c, d, e) 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 (SF10). Above matters are pending at various stages of adjudication/investigation.

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 the 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 whi o be disclosed, or that it contains any material misstatement.

63 moons IFS LRR 01- 2024-25 Page 2 of 3

Emphasis of matter

1. We draw attention to the Note 2 to the statement which describes the Company's investment of Rs. 20,000 Lakhs (face value) in secured non-convertible debentures issued by IL&FS Transportation Networks Ltd (ITNL) (subsidiary of Infrastructure Leasing & Finance Ltd - ILFS), whereas, the ITNL has defaulted in repayment of interest. During the resolution process, Hon'ble NCLAT has approved the Revised Distribution Framework proposed by the New Board for interim distribution. The Company without prejudice to its rights had impaired the investment for the expected credit loss by Z 11,636.55 lakhs till 31 March 2023 and has written off above-mentioned amounts in respective years.
1. We draw attention to Note 3 to the Statement which describes the Company's investment of Rs. 30,000 Lakhs (face value) in 9% Yes Bank Perpetual Additional Tier I (AT-1) bonds. The hon'ble Bombay High Court has quashed and set aside the letter dated 14 March 2020 issued by the Administrator, Yes Bank and decision to write off Additional Tier 1 bonds. On the request of the Yes Bank Counsel the hon'ble Bombay High Court has stayed this order for period of six weeks. Yes Bank and RBI challenged the Bombay High Court's order before the Supreme Court and accordingly stay was extended subject to the final order passed by the Supreme Court. It describes the uncertainty related to the current outcome of the abovementioned order.

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

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

CCt CA Pramod Bhise Partner Membership no.(F) 047751 Mumbai, 12 August 2024 " ' 2( UDIN: 24047751BKAAUU1395

Mumbai 400021 +912261537500; 2202 2224/8857 ASSOCIATES

Independent Auditor's Limited Review Report on consolidated unaudited financial results of 63 moons technologies limited for the quarter ended 30 June 2024 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

-I-a'

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

Introduction

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 ended 30 June 2024 ("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 12 August 2024, 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 recognized 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 Engagements (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

Ahmedabad I Benqaluru I Chennai I Coimbatore I Delhi I Goa I Hyderabad I Mumbai Pune I Vadodara Assurance I Consulting I GRC I Tax to

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 audit opinion.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI Regulations, 2015, as amended, to the extent applicable.

¹⁴'The Statement' includes the results of the entities mentioned in Annexure A.

Basis for qualified conclusion

As stated by the Management of the Holding Company in Note 6 (a) to the Statement, Civil Suits have been filed against the Holding 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 Holding Company. In addition, as stated by the management in Note 6 (b, c, d, e) to the Statement, there are First Information Reports (FIR")/ complaints/ charge-sheets/ ordersl notices registeredl received against various parties including the Company froml 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 (SF10). 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 investigationsl 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 30 June 2024.

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 statement 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 limited review report on the accompanying Statement of the Group:

a) There are some writ petitions, public interest litigations, civil suits including in representative capacity filed by and against the Group and served with notices/ letters/ summons from various statutory authorities/ regulators! Government departments and some purported aggrieved parties. Such matters against the Group 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 referred above enquires or suits which may arise at a later date. The management of the Group does not foresee that the parties who have filed Civil suits against the Group will be able to sustain any claim against the Group.

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 30 June 2024.

b) The 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 reconciliationl 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 matters 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 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

We draw attention to the Note 2 to the statement which describes the Company's investment of Rs. 20,000 Lakhs ( face value) in secured non-convertible debentures issued by IL&FS Transportation Networks Ltd (ITNL) (subsidiary of Infrastructure Leasing & Finance Ltd - ILFS), whereas, the ITNL has defaulted in repayment of interest. During the resolution process, Hon'ble NCLAT has approved the Revised Distribution Framework proposed by the New Board for interim distribution. The

Company without prejudice to its rights had impaired the investment for the expected credit loss by 11,636.55 lakhs till 31 March 2023 and has written off above-mentioned amounts in respective years.

We draw attention to the Note 3 to the Statement which describes the Company's investment of Rs. 30,000 Lakhs (face value) in 9% Yes Bank Perpetual Additional Tier I (AT-1) bonds. The hon'ble Bombay High Court has quashed and set aside the letter dated 14 March 2020 issued by the Administrator, Yes Bank and decision to write off Additional Tier 1 bonds. On the request of the Yes Bank Counsel the hon'ble Bombay High Court has stayed this order for period of six weeks. Yes Bank and RBI challenged the Bombay High Court's order before the Supreme Court and accordingly stay was extended subject to the final order passed by the Supreme Court. It describes the uncertainty related to the current outcome of the above-mentioned order.

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

Other matters

1. The Statement includes the financial statements (standalone/consolidated) of two domestic subsidiaries included in the Statement have been reviewed by their respective independent auditors and it reflects total assets of Rs. 49,688.33 lakhs as at 30 June 2021+; as well as the total revenue of Rs. 1,455.23 lakhs, total net profit/(loss) after tax of Rs. (1,160.01) lakhs, other comprehensive income of Rs. Nil and cashflow (net) of Rs. (72.49) lakhs for the quarter ended 30 June 2024. These interim consolidated 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 consolidated 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 five 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 assets of Rs. 24,941.25 lakhs as at 30 June 2024, total revenue of Rs. 211.40 lakhs, total net profit/(loss) after tax of Rs. (306.12) lakhs, other comprehensive income of Rs. Nil and cashflow (net) 1,754.31 lakhs for the quarter ended 30 June 2024. The Statement also includes the Group's share of profit/(loss) of Rs. 37.57 lakhs for the quarter ended 30 June 2024, 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. According 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 bythe andof

-V ICAI (( qn t) CA Pramod Bhise Partner Membership no.(F) 047751 Mumbal, 12 August 2024 UDIN 24047751BKAAUT2518

Annexure A to the Independent Auditors' Limited Review Report on unaudited consolidated financial results of 63 moons technologies limited for quarter ended 30 June 2024.

Sr.	Name of Subsidiaries	Domestic!
No.		Foreign Company
1.	Ticker Limited (Former known as Ticker Plant Limited)	Domestic
1A.	3.0 Verse Limited (subsidiary of Ticker Limited)	Domestic
lB.	Three 0 Verse Global IT Services L.L.0 (subsidiary of Ticker Limited)	Foreign
1C.	Ticker Data Limited (subsidiary of Ticker Limited)	Domestic
- 2.	Financial Technologies Communications Limited (FTCL)	Domestic
3.	Apian Finance & Investment Limited (Apian)	Domestic
4.	FT Projects Limited. (FTPL)	Domestic
5.	63SATS Global Cyber Technologies Networks Limited (63SATS) (formally known as Global Payment Networks Limited) w.e.f 8 1 July 2024	Domestic
6.	FT Knowledge Management Company Limited (FTKMCL)	Domestic
7.	Knowledge Assets Pvt. Limited (KAPL)	Foreign
8.	National Spot Exchange Limited (NSEL)	Domestic
8A.	Indian Bullion Market Association Limited (IBMA) (subsidiary of NSEL)	Domestic
8B.	Farmer Agricultural Integrated Development Alliance Limited (FAIDA) (subsidiary of_NSEL)	Domestic
8C.	Western ghats Agro Growers Company Limited (WGAGL) (subsidiary of NSEL)	Domestic
9.	FT Group Investments Pvt. Limited. (FTGIPL)	Foreign
10.	Financial Technologies Singapore Pte Limited (FTSPL)	Foreign
11.	ICX Platform (Pty) Limited (ICX)	Foreign
	Name of Associate Company
1.	NTT Data Payment Services India Limited (Formerly Atom Technologies Limited (Atom))	Domestic
	List of Subsidiaries which are under liquidation
1.	IBS Forex Limited (IBS)	Domestic

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63 Moons Technologies Limited Interim / Quarterly Report 2024

60264_rns_2024-08-12_49aab58a-7556-4e90-809a-403e9bb014ef.pdf

Sub: Outcome of Board Meeting