63 Moons Technologies’s share jumped 21.53% this week after getting an offer to settle NSEL default.
The promoter of 63 Moons, Jignesh Shah, announced that the company had received a communication from the NSEL Investors Forum to explore a one-time settlement in order to end the litigation resulting from payment default by defaulters on the NSEL platform.
The NSEL Investors Forum, which represents the vast majority of investors, has been spearheading court cases to recover money from defaulters.
According to 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.
Stock Performance on Friday
– Open: ₹410.90
– High: ₹417.10
– Low: ₹399.60
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63 Moons Technologies