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DiGiSPICE Technologies acquires Class B shares in Spice Money Ltd
short by / on Friday, 21 February, 2025
DiGiSPICE Technologies announced the acquisition of Class B shares in Spice Money Limited (SML), a material subsidiary, from Sood Infomatics LLP (SIL). The agreement was executed on February 20 and the transaction is expected to be completed by March 31. DiGiSPICE will acquire 8,69,030 Class B shares, representing 1.94% of SML’s total shareholding, for a cash consideration of ₹4.5 crore.