Spice Mobility has received an approval 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 Digital will increase to 99.97%. The Board Finance Committee of the company in its meeting held on September 26, 2017 has approved for the same.
Spice Mobility is engaged in manufacturing mobile phones. Its products include smart devices, smart phones, networking phones, feature phones and archived phones. Spice Mobility operates as a subsidiary of Spice Group.
