OnMobile stocks slip 1% on dissolution of its branch in Panama

OnMobile is an Indian telecommunications company, headquartered in Bangalore.

Sep 03, 2021 09:09 IST India Infoline News Service

OnMobile Global Ltd has informed to the exchange regarding dissolution of branch of the company.

The Branch of the Company in Panama has been dissolved effective from August 31, 2021, said company in a regulatory filing. OnMobile's stocks are in focus amid dissolution update.

At around 9:25 AM, OnMobile Global was trading at Rs122.50 apiece down by Rs1.20 or 0.97%.

Previously, the scrip finished at Rs123.70 apiece on the BSE.

OnMobile is a pioneer in mobile entertainment for carriers across the globe.

As a mobile entertainment service specialist in emerging and high-growth markets, OnMobile services are used by over 1.5 billion mobile users in 74 countries every month.

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