Spice Mobility to acquire OPL and NSSPL

Spice Mobility has decided to acquire entire equity stake in Omniventures (OPL) and New Spice Solutions (NSSPL). While OPL is a newly incorporated company, NSSPL also does not have any significant business activity. Consequent to the said acquisition, both OPL and NSSPL will become wholly owned subsidiaries of the company.

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.