63 Moons Approves ₹70 Crore Investment in Ticker Ltd via FTSPL
Mumbai: 63 Moons Technologies Ltd. has approved an investment of approximately ₹70 crore in group company Ticker Limited through its wholly owned overseas subsidiary, Financial Technologies Singapore PTE. Ltd. (FTSPL), as part of its strategy to deploy surplus treasury funds efficiently.
The decision was approved by the company’s Board of Directors at its meeting held on July 21, 2026.
Under the proposal, FTSPL will subscribe to 2,59,25,926 equity shares of Ticker Limited on a preferential basis at an issue price of ₹27 per share, taking the total investment to around ₹70 crore.
The transaction has been classified as a related-party transaction as both companies are part of the 63 moons group. However, the company said the investment is being undertaken on an arm’s length basis and in compliance with applicable regulatory requirements.
Following the allotment, FTSPL’s shareholding in Ticker Limited will increase from 0.45% to 1.90%. The company clarified that the investment will not lead to any change in control or management of Ticker Limited.
According to the regulatory filing, the objective of the transaction is to deploy surplus treasury funds available with FTSPL into a strategic group investment while enhancing capital allocation efficiency across the organization.
The proposed preferential issue is subject to shareholder approval. The Board has approved a Postal Ballot Notice to seek shareholders’ consent, and the transaction is expected to be completed within three months, subject to the receipt of all necessary approvals.
Key Highlights
- Investment Amount: ₹70 crore
- Investor: Financial Technologies Singapore PTE. Ltd. (Wholly Owned Overseas Subsidiary)
- Investee: Ticker Limited
- Shares to be Subscribed: 2,59,25,926 equity shares
- Issue Price: ₹27 per share
- Post-Transaction Holding: FTSPL’s stake rises to 1.90% from 0.45%
- Purpose: Deployment of surplus treasury funds
- Change in Control: None
- Completion Timeline: Within three months, subject to shareholder approval
The investment reflects 63 moons technologies’ continued focus on disciplined capital deployment and strengthening investments within its group entities. While the transaction increases FTSPL’s equity participation in Ticker Limited, the company emphasized that it is a financial investment and will not alter the existing ownership or governance structure of the subsidiary.