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| Exchange Received Time 26/09/2017 19:13:17 Exchange Disseminated Time 26/09/2017 19:13:26 Time Taken 00:00:09 |
Sub: Acquisition of additional 10.78% stake in Spice Digital Limited- Intimation under Regulation 30 of Listing Regulations, 2015
The Board Finance Committee of the Company in its meeting held today has decided to acquire additional 10.78% stake in Spice Digital Limited, a subsidiary of the Company, in which the present shareholding of the Company is 89.19%. Consequent to the said acquisition, the holding of the Company in Spice Digital Limited will increase to 99.97%.
As required under Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the requisite information in respect of acquisition from Mediatek Singapore Pte. Limited is enclosed herewith as Annexure 'A'.
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