Acquisition of further 3.07% stake in Sunstone Learning Private Limited
Spice Mobility Ltd has informed BSE that Spice Digital Limited (SDL), a subsidiary of the Company, has acquired further 3.07% stake in Sunstone Learning Private Limited, an associate of the Company.Consequent to the said acquisition, stake of SDL in Sunstone Learning Private Limited has increased from 38.54% to 41.61%. Shareholding for the Period Ended June 30, 2016
Spice Mobility Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2016. For more details, kindly Click here Outcome of Board Meeting - Execution of Share Subscription and Shareholders Agreement
Spice Mobility Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 15, 2016, has approved the proposal for acquisition of 49% stake by Digitone in Spice Online (SOPL), a wholly owned subsidiary company, engaged in the business of, inter alia, operating a technology platform designed for business referral and search engine requirements, with intent to expand into business to business e-commerce space.... Transfer of step down Subsidiary to another Subsidiary Company
Spice Mobility Ltd has informed BSE that the Boards of directors of 'Hindustan Retail Private Limited' (HRPL) and 'Ominiventures Private Limited' (OVPL), both subsidiary companies of the Company, have decided to transfer 100% equity stake in 'Spice Online Retail Private Limited', a step down subsidiary from 'HRPL' to 'OVPL'.Consequently, 'Spice Online Retail Private Limited' and its subsidiary company 'Hotspot Sales & Solutions Private Limited',... Updates on Subsidiary Company
Spice Mobility Ltd has informed BSE that Spice Online Retail Private Limited, a step down subsidiary of the Company, has incorporated Hotspot Sales & Solutions Private Limited, a 100% subsidiary Company to engage in the business of telecom devices.Consequently, Hotspot Sales & Solutions Private Limited has also become a step down subsidiary of the Company. Updates on Outcome of Board Meeting
Spice Mobility Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 18, 2016, inter alia, transacted the following :1. Sale/transfer of Retail business and operations of subsidiary companies to another subsidiary of the Company as a going concern- The Board has approved the proposals received from Spice Retail Limited, a step down subsidiary Company, and its subsidiary Cellucom Retail India Private... Outcome of Board Meeting
Spice Mobility Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 18, 2016 has decided to acquire entire equity stake in 'Omniventures Private Limited' (OPL) and 'New Spice Solutions Private Limited' (NSSPL). While OPL is a newly incorporated Company, NSSPL also does not have any significant business activity.... Standalone & Consolidated Financial Results, Form A, Auditors Report for March 31, 2016
Spice Mobility Ltd has informed BSE about : 1. Standalone Financial Results for the period ended March 31, 20162. Consolidated Financial Results for the period ended March 31, 20163. Standalone Form A for the period ended March 31, 20164. Consolidated Form A for the period ended March 31, 20165. Standalone Auditors Report for the period ended March 31, 20166. Consolidated Auditors Report for the period ended March 31, 2016 Incorporation of Adgyde Solutions Private Limited
Spice Mobility Ltd has informed BSE that Spice Digital Limited (SDL), a subsidiary of the Company, has incorporated a Joint Venture Company in the name of 'Adgyde Solutions Private Limited' for the purpose of building analytics based solutions for device companies and to create and demonstrate a new business model for device companies, wherein SDL holds 49% equity stake.Consequent to the said Joint Venture, Adgyde Solutions Private Limited has also become associate company of SDL.