63 Moons Techs. will hold a meeting of the Board of Directors of the Company on 27 May 2019.

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Pricol Ltd, Indo Tech Transformers Ltd, Gati Ltd and Kwality Ltd are among the other gainers in the BSE's 'B' group today, 12 April 2019.

63 Moons Technologies Ltd soared 19.97% to Rs 95.5 at 12:03 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 3.56 lakh shares were traded on the counter so far as against the average daily volumes of 43130 shares in the past one month.

Pricol Ltd spiked 16.75% to Rs 47.05. The stock was the second biggest gainer in 'B' group. On the BSE, 4.73 lakh shares were traded on the counter so far as against the average daily volumes of 19520 shares in the past one month.

Indo Tech Transformers Ltd surged 14.09% to Rs 123.85. The stock was the third biggest gainer in 'B' group. On the BSE, 1760 shares were traded on the counter so far as against the average daily volumes of 835 shares in the past one month.

Gati Ltd spurt 12.69% to Rs 87.5. The stock was the fourth biggest gainer in 'B' group. On the BSE, 4.47 lakh shares were traded on the counter so far as against the average daily volumes of 1.32 lakh shares in the past one month.

Kwality Ltd rose 9.90% to Rs 6.66. The stock was the fifth biggest gainer in 'B' group. On the BSE, 2.47 lakh shares were traded on the counter so far as against the average daily volumes of 2.3 lakh shares in the past one month.

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63 moons technologies (formerly known as FTIL) has been facing continuous targeted and mala fide actions in the wake of a payment default crisis at one of its subsidiaries, the National SpotExchange (NSEL).

Despite the fact that there is no money trail traced to NSEL, 63 moons and its founder, by multiple investigative agencies, the group has been singularly targeted as part of a conspiracy. On account ofthese malicious actions perpetrated against the company, a damage of Rs 10,000 crore has been caused to its shareholders.

Venkat Chary, Chairman, 63 moons technologies, said that the company has taken serious note of the role played by three individuals, namely, P Chidambaram, the then Finance Minister, K P Krishnan, the then additional secretary, Ministry of Finance, and Ramesh Abhishek, the thenChairman of the Forwards Markets Commission (FMC), and firmly believes about their proactive roles in perpetrating the crisis, - destroying the exchange ecosystem created by the company in order to favour the competitor, viz., National Stock Exchange (NSE), resulting in a huge damage to the shareholders of 63 moons technologies, loss of employment and incomes in the economy.

As a result, the company has decided to file damage suits of Rs 10,000 crore against P Chidambaram and others, in their individual capacities for taking mala fide actions against 63 moons by abusing their powers. Notably, the company has already filed criminal complaints against thesethree individuals with the CBI along with supporting materials.

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63 Moons Techs. will hold a meeting of the Board of Directors of the Company on 12 February 2019.

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