The Board of Directors of Spice Mobility Ltd in its meeting held today has, subject to the approval of shareholders, approved the sale of entire stake in Kimaan Exports Private Limited, a wholly owned subsidiary, to Spice Digital Limited, another subsidiary of the Company.
Consequent to this, Kimaan Exports Private Limited will cease to be a wholly owned subsidiary of the Company and become step down subsidiary of the Company.
Shares of Spice MOBILITY LTD. was last trading in BSE at Rs.15.05 as compared to the previous close of Rs. 14.95. The total number of shares traded during the day was 7234 in over 24 trades.
The stock hit an intraday high of Rs. 15.3 and intraday low of 15. The net turnover during the day was Rs. 109908.