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Board of Spice Mobility approves proposal for voluntary delisting

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Capital Market

At meeting held on 02 January 2015

Spice Mobility announced that the Board of Directors of the Company at its meeting held on 02 January 2015, has subject to the approval of the members of the Company and such other approvals/ sanctions as may be required in this connection, approved the proposal received from Smart Ventures, the Promoter of the Company, to voluntarily delist the Equity Shares of the Company from the National Stock Exchange of India and BSE i.e. both recognized stock exchanges, where the equity shares of the Company are presently listed in accordance with the provisions of SEBl (Delisting of Equity Shares) Regulations, 2009 and other applicable laws, if any.

The Company proposes to obtain the approval of members for voluntary delisting of Equity Shares through Postal Ballot.

 

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First Published: Jan 02 2015 | 6:24 PM IST

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