63 moons technologies limited (63MOONS) — Announcement

📢 Key Event
Company announces investment in step-down subsidiary via share allotment

💡 Investor Takeaway
This investment establishes a foothold in UAE IT services but carries execution and market risks.

63 moons technologies limited announced that its step-down subsidiary Ticker Limited allotted 3843 shares of AED 1000 each to Ticker on July 6, 2026, representing an investment of approximately ₹10.08 crores to fund working capital needs of Three O Verse Global IT Services L.L.C., a newly formed UAE-based IT services entity incorporated in October 2022. The transaction, completed on July 6, 2026, involves a cash consideration and marks the company's entry into the IT solutions space through a related-party structure.

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