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Spice Mobility up 14% as subsidiary sells 26% stake in Vavia

The company's subsidiary Spice Digital has divested its entire equity stake of 26 percent in Vavia Technologies.

August 26, 2016 / 10:12 AM IST
 
 
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Moneycontrol BureauShare price of Spice Mobility advanced 14 percent intraday Friday on stake sale by its subsidiary in Vavia Technologies.The company's subsidiary Spice Digital has divested its entire equity stake of 26 percent in Vavia Technologies.Post the said deal, Vavia has ceased to be an associate of the company.At 09:46 hrs Spice Mobility was quoting at Rs 16.20, up Rs 0.45, or 2.86 percent.Posted by Rakesh Patil

first published: Aug 26, 2016 10:12 am

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