63 Moons Reappoints Devendra Agrawal as CFO and Rajendran Soundaram as MD & CEO
63 Moons reappointed Devendra Agrawal as CFO for 3 years starting May 27, 2026, and Rajendran Soundaram as MD & CEO for 1 year from June 1, 2026, subject to shareholder approval. The board recommended a final dividend of ₹2 per share for FY26, pending shareholder and judicial approval. V.P. Mehta & Co. were reappointed as Internal Auditors for FY27.
The reappointment of key executives provides stability, and the dividend announcement is positive for shareholders. These factors have a moderate impact on the company.
The announcement includes positive news such as the reappointment of key executives and the recommendation of a final dividend.
63 moons technologies limited announced the reappointment of Mr. Devendra Agrawal (DIN: 03579332) as Whole-time Director and Chief Financial Officer for a further term of 3 years commencing from May 27, 2026, subject to shareholders' approval. Mr. Agrawal has been associated with the company since April 2006 and is currently serving his third term as Whole-time Director and CFO.
The company also announced the reappointment of Mr. Rajendran Soundaram (DIN: 02686150) as Managing Director and Chief Executive Officer for a further term of 1 year commencing from June 01, 2026, subject to shareholders' approval. Mr. Soundaram has been associated with the company as an Independent Director since 2013 and serving as MD & CEO since February 2017.
The Board of Directors also recommended a final dividend of ₹2 per equity share for the financial year ended March 31, 2026, subject to shareholders' approval at the forthcoming Annual General Meeting and appropriate judicial orders. The board also approved the reappointment of M/s. V.P. Mehta & Co., Chartered Accountants, as the Internal Auditors for the financial year 2026-27. The meeting commenced at 2.30 p.m. and concluded at 5.00 p.m on May 18, 2026.
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63 moons technologies limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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