 "SEBI")
Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 1 lakh on 63 moons Technologies Ltd, formerly known as Financial Technologies (India) Ltd, for failing to comply with the regulatory requirement to get prior approval from the exchanges before fresh name change, under the Listing Obligations and Disclosure Requirements (LODR) regulations.
The allegation was that the company while changing its name from Financial Technologies to 63 moons Technologies, was first required to seek prior approval from the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) for the same, but instead first obtained the fresh certificate of
