63 Moons Subsidiary Allots 8.1 Cr Shares Post Debenture Conversion

63 Moons Technologies Ltd announced that its subsidiary, 63SATS Cybertech Ltd, has allotted 8,10,00,000 equity shares of face value Re. 1/- each. This allotment occurred on October 06, 2026, following the conversion of Zero Coupon Unsecured Optionally Fully Convertible Debentures (ZOFCDs) by an investor. As a result of this allotment, 63 Moons Technologies' shareholding in its subsidiary has reduced to 60.43%. This transaction signifies a dilution of the parent company's stake in its subsidiary due to the conversion of debt into equity.