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Spice Mobility shares surge 20% on delisting plans
Source: IRIS | 29 Dec, 2014, 12.34PM
Rating: NAN / 5 stars.
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Spice Mobility, witnessed a rise in share price on Monday after the board of directors of the company to consider the proposal received from 'Smart Ventures', the promoter of the company, to voluntarily delist the equity shares of the company from the National Stock Exchange of India and BSE both recognized stock exchanges, where the equity shares of the company are presently listed in accordance with the provisions of SEBI (delisting of equity shares) Regulations, 2009 and other applicable laws, if any.

Shares of the company are trading at Rs 26.40, up Rs 4.4, or 20% at the Bombay Stock Exchange (BSE) on Monday at 12:17 p.m.

The scrip has touched an intra-day high of Rs 26.40 and low of Rs 25.20. The total volume of shares traded at the BSE is 80,972.

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