The Board of Directors of DiGiSPICE Technologies Ltd has decided to acquire additional 2% shares of Vikasni Fintech Private Limited (Vikasni), a step down subsidiary Company from Spice Money Limited, a subsidiary Company. Consequently, Vikasni will become a direct subsidiary Company.
As per regulatory filing, the new company belongs to lending Technology platform & other technology services Business and the objective of acquisition is to make the target Company a direct subsidiary of the Company.
Vikasni Fintech Private Limited was incorporated on November 01, 2021 in India. It has not done any business since then.
At around 9:31 AM, DiGiSPICE Tech was trading at Rs42.10 per piece lower by 0.36% on Sensex.
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