MoneyWorks4Me

Digispice Technologies informs about joint venture

31 Aug 2021 Evaluate
Digispice Technologies has informed that the Board of directors in its meeting held today i.e. on 30th August, 2021 has decided to execute a Shareholders' Agreement to form a Joint Venture with 'Tarya Fintech Holdings’ (Tarya), a part of Israel's leading fintech group, for 'Lending Technology Platform' and other Technology Services business. The proposed Joint Venture, through a Company to be incorporated (JVC), will have shareholding with DiGiSPICE and Spice Money, a subsidiary of Company (combined holding 51%) and Tarya (49%) and on incorporation will become a subsidiary of the Company. As required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the requisite information is enclosed herewith as Annexure 'A'.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
TCS 2191.50
Infosys 1060.65
HCL Technologies 1251.15
Wipro 166.70
Tech Mahindra 1555.15
View more..