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63 moons technologies gains on executing SPA with NTT Data Corporation

27 Nov 2018 Evaluate

63 Moons Technologies is currently trading at Rs. 108.00, up by 0.50 points or 0.47% from its previous closing of Rs. 107.50 on the BSE.

The scrip opened at Rs. 109.65 and has touched a high and low of Rs. 114.85 and Rs. 103.35 respectively. So far 410296 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 141.65 on 01-Dec-2017 and a 52 week low of Rs. 61.00 on 23-Jul-2018.

Last one week high and low of the scrip stood at Rs. 114.85 and Rs. 83.10 respectively. The current market cap of the company is Rs. 511.47 crore.

The promoters holding in the company stood at 45.63%, while Institutions and Non-Institutions held 5.36% and 49.01% respectively.

63 moons technologies has executed a Share Purchase Agreement (SPA) with NTT Data Corporation, Japan, for sale of its 55.35% stake in ATOM, a subsidiary of the company, for an aggregate consideration of $9.24 million. Further, a Shareholders' Agreement has also been executed between the parties in relation to the aforesaid transaction.

The completion and closure of the above said transaction is subject to fulfilment of certain customary closing conditions and the Company obtaining the necessary Orders/approvals from the relevant Courts and National Company Law Appellate Tribunal in respect of the said transaction.

63 Moons Technologies (formerly Financial Technologies (India) ) is a world leader in providing next-generation technology ventures, innovations, platforms, and solutions for creating digital markets and marketplaces that enable price discovery and transaction efficiencies across industry segments.

63 Moons Tech. Share Price

701.05 37.75 (5.69%)
20-Apr-2026 15:16 View Price Chart
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