For the second day in a row, 63 Moons Technologies has hit the upper circuit limit. As of 10:07 AM, the share price was ₹360.35, up 5.00%.
This comes after Jignesh Shah, the promoter of 63 Moons, said that the company had received a communication from the NSEL Investors Forum urging that the firm and NSEL explore a one-time settlement to address the litigation arising from payment default by defaulters on the NSEL platform.
The NSEL Investors Forum, representing most investors, has been spearheading court cases to recover money from defaulters.
According to a statement released by 63 Moons, the NSEL Investors Forum has stated that they will connect with all traders and present a concrete proposal after the majority of traders have given their consent.
