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DiGiSPICE Technologies Ltd. ( (IN:DIGISPICE) ) has provided an announcement.
DiGiSPICE Technologies Ltd. announced the acquisition of 1.94% of Class B shares in its subsidiary Spice Money Limited from Sood Infomatics LLP. This acquisition aims to consolidate DiGiSPICE’s stake in the subsidiary, Spice Money Limited, which is a significant player in the tech-enabled payment services industry with a turnover of Rs. 439.43 Crores. The acquisition is expected to enhance DiGiSPICE’s operational control and potentially improve its market positioning in the hyper-local payments sector.
More about DiGiSPICE Technologies Ltd.
DiGiSPICE Technologies Ltd. operates in the technology sector, providing a range of tech-enabled services. The company focuses on hyper-local payments, offering services such as cash deposit/withdrawal, Aadhaar-enabled payment services, airtime recharge, POS services, cash management services, and UPI-based services, primarily through its subsidiary Spice Money Limited.
YTD Price Performance: -27.34%
Average Trading Volume: 24,518
Current Market Cap: 4.99B INR
Learn more about DIGISPICE stock on TipRanks’ Stock Analysis page.