1. NSEL one-time settlement closure - The NCLT approved the ₹1,950 crore NSEL settlement scheme on 28 Nov 2025, with 92.81% of traders voting in favour, extinguishing legacy legal cases and assigning all residual trader rights to 63 moons. Removing this decade-old overhang unlocks the company's ability to pursue new business without the distraction and contingent liability that has weighed on its valuation.
2. Residual NTT Data stake sale completed - The sale of 63 moons' residual 21,00,86,610 equity shares in NTT Data Payment Services for USD 18.43 million closed on 18 Feb 2026, monetising a non-core asset. The cash, though deposited as security for NSEL proceedings, strengthens the consolidated balance sheet and marks the final exit from a legacy investment.
3. Ticker Limited technology go-live - Ticker's technology solution for an FIU-approved client went live in India and also other clients globally on 6 May 2026, with the client reporting "strong appreciation for the robust, scalable, and user-friendly technology". A successful reference client in the regulated financial-intelligence space opens a replicable revenue stream for the subsidiary.
4. Exchange technology - MSE trading engine upgrade - MSE launched equity cash segment trading on 63 moons' upgraded trading engine effective 27 Jan 2026, demonstrating a live, referenceable exchange deployment. A working installation at a recognised stock exchange supports the division's pitch to other marketplace clients.
5. 63SATS funding and parent stake consolidation - 63SATS raised ₹245 crores through private placements in Sep-Oct 2025, and 63 moons converted 6,000 ZOFCDs into equity, taking its stake to 65.27%. The capital infusion funds the FY27 growth plan while the parent's majority stake ensures the subsidiary's earnings accrue meaningfully to consolidated financials.
6. Risk Solutions - HFC data validation expansion - The Risk Solutions division added 12 more housing finance companies to its data validation utility services during FY25, expanding a recurring-revenue client base in a regulated sector with mandatory compliance needs. Each new HFC client deepens the division's moat in a niche where switching costs are high.