63 moons technologies limited updates stake after subsidiary Ticker completes private fundraise
63 moons technologies limited has reported a significant update regarding its subsidiary, Ticker Limited, following the latter's successful completion of a private placement aimed at raising funds.The company received intimation confirming that Ticker Limited had raised funds by issuing fresh equity shares through a private placement transaction.
Key details of the fundraise include:
- Shares Issued: 18,518,516 fresh equity shares
- Face Value: Re. 1/- each
- Issue Price: Rs. 27/- per share
- Premium: Rs. 26/- each
This transaction represents a material update to the company structure as it affects the ownership stake held by its parent entity, 63 moons technologies limited. Subsequent to this allotment by Ticker Limited, the shareholding of 63 moons technologies limited in Ticker now stands at 66.76%.
63MOONS Stock Price Movement
On Wednesday, shares of 63 moons technologies limited rallied, settling at ₹867.4 after gaining 2.46% from the previous close. The stock closed well above its opening price amidst a trading volume of 382,822 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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