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Digispice Technologies gets nod to acquire additional 2% stake in Vikasni Fintech

05 Feb 2022 Evaluate

Digispice Technologies’ board has decided to acquire additional 2% shares of Vikasni Fintech , a step down subsidiary Company from Spice Money, a subsidiary Company. Existing holding of the company in Vikasni is 49%. Post-acquisition, Vikasni will become a direct subsidiary of the Company. A meeting of the Board of Directors of the company was held on February 4, 2022 to consider and approve the same.

Digispice Technologies is primarily engaged into the Information and Communication Technology business providing Value Added Services, and Mobile Content services to the domestic/international Telecom Operators. Also, the company undertakes development and sale of telecom related software.

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