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Spice Mobility decides to acquire additional 10.78% stake in Spice Digital

Capital Market 

To hike stake in Spice from 89.19% to 99.97%

The Board Finance Committee of Spice Mobility has decided to acquire additional 10.78% stake in Spice Digital, a subsidiary of the Company, in which the present shareholding of the Company is 89.19%. Consequent to the said acquisition, the holding of the Company in Spice will increase to 99.97%.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, September 27 2017. 09:20 IST
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