Spice Mobility zooms ahead of board meet

Spice Mobility has zoomed nearly 8% to Rs 34 ahead of board meeting today, to consider the proposal received from 'Smart Ventures Private Limited', the promoter of the company, to voluntarily delist the equity shares of the company from the NSE and BSE, where the equity shares of the company are presently listed.

Further, as per the company's Code of Conduct for Prevention of Insider Trading, the trading window for dealing in the securities of the company will remain closed for the Directors and Designated Employees of the company covered under the said Code from December 27, 2014 to January 03, 2015

The stock opened at Rs 32 and touched a high of Rs 34.30 on the BSE. Over 1,50,000 shares were traded on both the stock exchanges.