 Spice Mobiles said today that parent company, Spice Televentures P Ltd will increase its stake 43.05 percent or 32.13 million shares in the company to take its stake to 63.23 percent.
In a filing to the BSE, Spice Mobiles said that Spice Televentures will acquire the stake from Spice Enfotainment and Twenty First Century Capitals Ltd.
The stake will be acquired through a public offer to shareholders of Spice Mobiles. |