Singaporean Subsidiary Acquires Stake in Indian Technology Firm Ticker Limited
What happened
Financial Technologies Singapore Pte. Ltd., the Singapore-based wholly owned subsidiary of 63 moons technologies limited, completed an equity acquisition in Ticker Limited on September 25, 2026. The company purchased 31,50,000 equity shares in Ticker Limited for a total cash consideration of Rs. 8,50,50,000, which was approximately Rs. 8.50 crores. This purchase increased the stake held by the Singaporean subsidiary from 1.88% to 0.18%.
From equitybulls.com
Why it matters
The acquisition was part of the overseas subsidiary's investment strategy and did not change the overall control of Ticker Limited. Ticker Limited, an unlisted company, reported an operational turnover of Rs. 27.00 lakhs and a loss after tax (PAT) of Rs. 3,581.56 lakhs for the financial year 2025.
From equitybulls.com
Who's involved
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The entities involved
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Singapore
sovereign island country and city-state in maritime Southeast Asia
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Chennai
city and state capital of Tamil Nadu, India
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Mumbai
capital city in Maharashtra, India
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