S Mobility’s - wholly owned subsidiary - Hindustan Retail (HRPL), has acquired entire share capital of Spice Online Retail (SORPL). Pursuant to the said acquisition, SORPL has become a wholly-owned subsidiary of HRPL. Accordingly SORPL has become a step down subsidiary of the company.
SORPL is an early stage startup aiming to establish a leading E-commerce brand for aspirational products in India. Its portal is India’s leading online shopping portal for aspirational products such as the mobile phones etc.
S Mobility is engaged in manufacturing of mobile phones. The company offers a wide range of mobile handsets catering to all segments -- low, medium, high-end.
| Company Name | CMP |
|---|---|
| TCS | 2581.65 |
| Infosys | 1318.60 |
| HCL Tech. | 1442.50 |
| Wipro | 204.35 |
| Tech Mahindra | 1511.85 |
| View more.. | |
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