Management Change18 May 2026, 07:31 pm
63 Moons Tech Reappoints Agrawal as CFO & Soundaram as MD & CEO
AI Summary
63 Moons Technologies Ltd's board re-appointed Devendra Agrawal as Whole-time Director and CFO for 3 years starting May 27, 2026, and Rajendran Soundaram as Managing Director & CEO for 1 year from June 1, 2026, subject to shareholder approval. The board also recommended a final dividend of ₹2 per equity share for FY26, pending shareholder and judicial approval. Additionally, V.P. Mehta & Co. was re-appointed as Internal Auditors for FY27.
Key Highlights
- Devendra Agrawal re-appointed as Whole-time Director and CFO for 3 years.
- Rajendran Soundaram re-appointed as MD & CEO for 1 year.
- Final dividend of ₹2 per share recommended for FY26.
- V.P. Mehta & Co. re-appointed as Internal Auditors for FY27.
- Shareholder approval sought for re-appointments and related party transactions.
Price Impact
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