Strategic Investment in IT Subsidiary: 63 Moons Technologies Limited Completes Share Allotment Transaction
A investment by Ticker Limited, a subsidiary of 63 moons technologies limited, has been finalized into Three O Verse Global IT Services L.L.C., a wholly owned subsidiary of Ticker and a step down subsidiary of the parent company. The transaction involved the allotment of equity shares to Ticker on July 06, 2026.The details confirmed that Three O Verse Global IT Services L.L.C. received 3843 equity shares from the allotted stock. Each share was valued at AED 1000, with the total cost being equivalent to Rupees 10.08 crores. This cash consideration transaction was conducted at par and is intended to meet the working capital requirements of Three O Verse Global IT Services L.L.C.
The investment aligns with Ticker Limited's strategic objective of business development for its global Technology Solutions vertical. The subsidiary, which operates in the Information Technology Solutions industry, has been incorporated since October 14, 2022, and holds a presence in the United Arab Emirates (UAE).
Key financial details pertaining to Three O Verse Global IT Services L.L.C., as reported at the close of the fiscal year ending March 31, 2026, are detailed below:
| Financial Metric | Amount (AED in Lakhs) |
|---|---|
| Turnover (As on Mar 31, 2026) | 15.28 |
| PAT (Loss) (As on Mar 31, 2026) | (133.25) |
| Networth (As on Mar 31, 2026) | 39.55 |
The subsidiary's history of turnover over the past three years is as follows:
| Fiscal Year | Turnover (AED in Lakhs) |
|---|---|
| 2025-26 | 15.28 |
| 2024-25 | 2.33 |
| 2023-24 | 3.63 |
Three O Verse Global IT Services L.L.C. is engaged in Data Classification & Analysis Services, Internet Content Provider services, and providing solutions across various fields including IT Infrastructure, Portal, and Information Technology Network Services. The transaction itself was completed on July 06, 2026, after receiving necessary approval from the Department of Economy & Tourism, UAE.
GRAPHITE Stock Price Movement
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