StockWatch
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Computers - Software & Consulting
Investment12 Aug 2026, 06:41 pm

63 Moons Subsidiary Invests ₹89 Lakhs in Step-Down Subsidiary

AI Summary

63 Moons Technologies Ltd announced that its subsidiary, Ticker Limited, has invested ₹89 Lakhs in its wholly-owned step-down subsidiary, Quantblock Technovation Private Limited. The investment was made through the allotment of 89,00,000 equity shares of Re. 1/- each on a rights basis to Ticker Limited. This investment is intended to meet the working capital requirements of Quantblock. Quantblock, formerly 9Point Capital Private Limited, was incorporated on May 09, 2025, and is engaged in providing trading platform solutions within the Information Technology sector. The transaction is considered an arm's length transaction and is exempted as a related party transaction under Listing Regulations.

Key Highlights

  • Ticker Limited invested ₹89 Lakhs in step-down subsidiary Quantblock.
  • Investment aims to meet Quantblock's working capital needs.
  • Quantblock is in the Information Technology Solutions sector.
  • Transaction is considered an arm's length and exempted related party transaction.