Subsidiary allots 8,10,00,000 equity shares on ZOFCD conversion; holding in subsidiary at 60.43%
63 Moons' subsidiary 63SATS Cybertech allotted 8,10,00,000 equity shares of face value Re. 1/- each on October 06, 2026 to its investor, on conversion of Zero Coupon Unsecured Optionally Fully Convertible Debentures (ZOFCDs).
- Shares Allotted
- 8,10,00,000 equity shares
- Face Value
- Re. 1/- each
- Shareholding in Subsidiary
- 60.43%
Subsidiary-level equity allotment
- 63 Moons Technologies' subsidiary, 63SATS Cybertech Ltd, has allotted 8,10,00,000 equity shares of face value Re. 1/- each.
- The allotment was made on October 06, 2026 to its investor.
- The shares were issued upon conversion of Zero Coupon Unsecured Optionally Fully Convertible Debentures (ZOFCDs).
What the disclosure states
The update states that subsequent to this allotment, the shareholding of the company in 63SATS Cybertech stood at 60.43%.
What this is about
This is an update on the share capital of the subsidiary, 63SATS Cybertech Ltd. An investor holding ZOFCDs of the subsidiary converted those debentures into equity shares, and the subsidiary allotted 8,10,00,000 equity shares to that investor.
The instrument involved is a zero coupon debenture, which means it does not carry a periodic interest payout, and is optionally and fully convertible into equity shares.
Points a retail investor may note
- The shares have been issued by the subsidiary, 63SATS Cybertech Ltd, and not by 63 Moons Technologies Ltd itself.
- The number of shares allotted is 8,10,00,000, each of face value Re. 1/-.
- Following the conversion and allotment, the company holds 60.43% of 63SATS Cybertech.
- The disclosure was made to BSE (Scrip Code: 526881) and NSE (Symbol: 63MOONS) on October 07, 2026.
Also from 63 Moons Technologies
63 moons' Singapore WOS buys 31.5 lakh Ticker Ltd shares for Rs. 8,50,50,000
28 Sep 2026
More numbers
- Equity shares allotted by 63SATS Cybertech Ltd8,10,00,000
- Face value per equity share allottedRe. 1/-
- Company's shareholding in 63SATS after the allotment60.43%
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.