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63 Moons Technologies Backs One Time Settlement Scheme

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63 Moons Technologies Backs One Time Settlement Scheme

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An update from 63 Moons Technologies Ltd. ( (IN:63MOONS) ) is now available.

63 Moons Technologies Ltd. announced that its Board of Directors has approved the company’s participation and support for the One Time Settlement Scheme proposed by the NSEL Investors Forum. This decision aims to facilitate a Scheme of Arrangement between NSEL and Traders, to be filed with the National Company Law Tribunal in Mumbai. The initiative is expected to result in the closure of legal proceedings against 63 Moons Technologies Ltd. and includes an assignment of all claims and rights of NSEL Traders to the company, enabling it to pursue recoveries from defaulters.

More about 63 Moons Technologies Ltd.

63 Moons Technologies Ltd. operates in the financial technology industry, offering a range of technological solutions and services designed to enhance the efficiency and effectiveness of financial markets. The company’s primary focus is on providing innovative technology platforms and services that cater to the needs of financial exchanges, banks, and other financial institutions.

YTD Price Performance: -35.27%

Average Trading Volume: 61,212

Current Market Cap: 28.31B INR

Find detailed analytics on 63MOONS stock on TipRanks’ Stock Analysis page.

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