Completion of acquisition of Class B shares of Spice Money Limited
As filed · DiGiSPICE Technologies Limited has informed the Exchange about completion of acquisition of Class B shares of Spice Money Limited
M&AWatchMajormateriality 82 out of 100
What happened
FactDiGiSPICE Technologies Limited has informed the Exchange about completion of acquisition of Class B shares of Spice Money Limited. Phiroze Jeejeebhoy Towers,. regarding proposed acquisition of 8,69,030 Class B (100% of class B Shares) Shares in Spice.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
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Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- we will be hopeful, we are not only sustaining this profitability, but we will be growing this profitability i (management committed by H1 FY27)
- hopefully these new engines will be contributing in next two quarters and we will be having more better perfor (management committed by H1 FY27)
Evidence
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%