The promoters of Spice Mobility Limited have proposed that voluntarily delisting of its equity shares from the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The board of directors of the company will meet on January 02, 2015, to consider the proposal of its promoter, Smart Ventures Private Limited.
At present, Smart Ventures holds 74.36 per cent stake in Spice Mobility, while an independent non-promoter trust holds 20.72 per cent stake. Individual shareholders and corporates hold 2.83 per cent and 1.44 per cent stake respectively.
Meanwhile, the trading window, which is used for dealing in the securities of the company, will remain closed for the directors and designated employees of Spice Mobility from December 27, 2014 to January 03, 2015.
