63 moons technologies limited
Main Body
The purpose of the agreement is to strengthen brand visibility, enhance consumer awareness and trust, and support 63SATS business growth through nationwide advertising and promotional activities. The advertising will be conducted across leading print publications including The Times of India and The Economic Times, as well as digital media platforms. The agreement also facilitates advertising on agreed credit terms, thereby supporting working capital management and enabling 63SATS to scale its marketing and customer acquisition initiatives.
Key terms of the agreement:
- No shareholding exists between the parties
- No special rights such as right to appoint directors, first right to share subscription, or right to restrict capital structure changes
- The parties are not related to promoter/promoter group/group companies
- The transaction does not fall under related party transactions and is done at arm's length
- No other disclosures related to nominees, potential conflict of interest, or termination/amendment details are applicable
Other Key Announcements
No other material announcements or disclosures were included in this filing.