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| Exchange Disseminated Time 10/06/2016 19:46:11 | Spice Mobility Ltd has informed BSE that the Boards of directors of 'Hindustan Retail Private Limited' (HRPL) and 'Ominiventures Private Limited' (OVPL), both subsidiary companies of the Company, have decided to transfer 100% equity stake in 'Spice Online Retail Private Limited', a step down subsidiary from 'HRPL' to 'OVPL'.
Consequently, 'Spice Online Retail Private Limited' and its subsidiary company 'Hotspot Sales & Solutions Private Limited', will become wholly owned subsidiaries of the OVPL. |
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