S Mobility’s step down subsidiary - Spice VAS (Africa) (SVAPL), has executed a share purchase agreement (SPA) on November 22, 2011 for purchase of shares of SPICE VAS TANZANIA (SVTL). Consequent thereto, SVTL will become a subsidiary of SVAPL on completion of the acquisition of the said shares. Accordingly, post acquisition, SVTL will become a step down subsidiary of the company.
SVTL is a company incorporated in Tanzania, is engaged in the business of providing value added services to telecom subscribers by offering entertainment contents, mobile commerce services and other multimedia solutions.
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 | 2554.40 |
| Infosys | 1305.20 |
| HCL Tech. | 1451.30 |
| Wipro | 209.80 |
| Tech Mahindra | 1483.60 |
| View more.. | |
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