Spice Communications (Delisted) share news and announcements

BSE: 532863

Last traded ₹56.75 on 10 Mar 2010

Delisted on 21 May 2010.

Last results date

The last board meeting held for results; the company has not yet given notice of the next.Spice Communications quarterly results

Jan20Wed

The board met on 20 Jan 2010 to consider “Unaudited Financial Results for the qtr ended Dec 31, 2009”

Notice filed 11 Jan 2010

Spice Communications annual reports, presentations and earnings calls

The company's own documents, latest first.Spice Communications financials, year by year

Spice Communications share news and announcements

55 announcements, routine notices left out, newest first. Page 1 of 2.

  1. Mar 2010

    • 3 Mar · Suspension of trading in equity shares

      Members of the Exchange are hereby informed that the trading in equity shares of Spice Communications Limited shall be suspended w.e.f. March 11, 2010 (i.e. closing hours of trading on March 10, 2010) on account of Scheme of Amalgamation with Idea Cellular Limited.
    • 3 Mar · Corporate action

      In connection with the Scheme of Amalgamation ('the Scheme') of Spice Communications Limited (hereinafter referred to as Spice) with Idea Cellular Limited (hereinafter referred to as Idea), sanctioned by the Hon'ble High Court of Delhi at New Delhi and the Hon'ble High Court of Gujarat at Ahmedabad, the Board of Directors of Idea have fixed March 12, 2010 as the 'Record Date' for the purpose of drawing up the list of shareholders of Spice to whom Equity Shares in Idea are to be issued and allotted pursuant to the said Scheme. The Court Orders have been filed in the respective offices of the Registrar of Companies and the Scheme became effective on March 01, 2010. Further, in accordance with the Scheme, the Equity Shareholders of Spice (Transferor Company) as on the Record Date would be issued and allotted Equity Shares in the ratio of 49 (Forty Nine) Equity Shares of Rs.10/- each fully paid-up of Idea (Transferee Company) for every 100 (One Hundred) Equity Shares of Rs.10/- each held in Spice. Further, Idea Cellular Limited has submitted to the Exchange note on the said Scheme of Amalgamation. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  2. Feb 2010

  3. Jan 2010

    • 20 Jan · Utilisation of Funds

      Vide notes to Accounts in the unaudited financial results for the quarter and nine months ended December 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on January 20, 2010) regarding the details of funds received from initial public offer ('IPO') of Rs. 63,224 lakhs (including share premium) and utilisation of such funds. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 20 Jan · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter and nine months ended December 31,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 11 Jan · Results

      Meeting of the Board of Directors of the Company will be held on January 20, 2010, inter alia, to consider and take on record the Un-audited ....
    • 11 Jan · Board meeting

      Meeting on 20 Jan 2010: “Unaudited Financial Results for the qtr ended Dec 31, 2009”
  4. Oct 2009

    • 22 Oct · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended September 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 22 Oct · Utilisation of Funds

      Vide notes to Accounts in the unaudited financial results for the quarter and half year ended September 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on October 22, 2009) regarding the details of funds received from initial public offer ('IPO') of Rs. 63,224 lakhs (including share premium) and utilisation of such funds. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 21 Oct · Change in registered office

      Registered office of the Company has been changed w.e.f. October 01, 2009 from A-30, Mohan Co-operative, Industrial Estate, Mathura Road, New Delhi - 110044 to 10th Floor, 1005-1006 Kailash Building, 26 Kasturba Ganndhi Marg, New Delhi - 110001 within the jurisdiction of Registrar of Companies, Delhi & Haryana.
    • 14 Oct · Board meeting

      To consider and take on record inter-alia the Un-audited Financial Results of the Company for the quarter ended September 30, 2009.
    • 1 Oct · Meeting

      Proceedings of the Annual General Meeting of the Company held on September 02, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  5. Sep 2009

    • 24 Sep · Business

      At the Equity Shareholders, Secured Creditors and Unsecured Creditors meeting(s) convened and held pursuant to the directions of the Hon'ble High Court of New Delhi on the September 11, 2009 the Equity shareholders, Secured and Unsecured Creditors of the Company have duly approved the scheme of amalgamation of Spice Communications Limited with Idea Cellular Limited. The said scheme of amalgamation was approved by the Equity Shareholders of the Company with requisite majority and unanimously by the Secured Creditors and Unsecured Creditors of the Company.
  6. Aug 2009

    • 26 Aug · Meeting

      Annual General Meeting of the Members of the Company will be held on September 02, 2009.
    • 14 Aug · Corporate action

      Register of Members and Share Transfer Books of the Company shall remain closed from August 26, 2009 to September 02, 2009 (being the date of forthcoming Annual General Meeting) both days inclusive for the purpose of Annual closing.
    • 14 Aug · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  7. Jul 2009

    • 22 Jul · Utilisation of Funds

      Vide notes to Accounts in the unaudited financial results for the quarter ended June 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on July 22, 2009) regarding the details of funds received from initial public offer ('IPO') of Rs. 63,224 lakhs (including share premium) and utilisation of such funds. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 15 Jul · Board meeting

      To consider and take on record inter-alia the un-audited Financial Results of the Company for the quarter ended June 30, 2009.
  8. Jun 2009

    • 18 Jun · Utilisation of Funds

      Vide notes to Accounts in the Audited financial results for Fifteen months ended March 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on June 17, 2009) regarding the details of funds received from initial public offer ('IPO') of Rs. 63,224.40 lakhs (including share premium) and utilisation of such funds. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 9 Jun · Board meeting

      To consider and approve inter-alia the audited financial results of the company for the financial year ended March 31,2009.
  9. May 2009

    • 21 May · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter and fifteen months ended March 31, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  10. Apr 2009

    • 21 Apr · Utilisation of Funds

      Vide notes to Accounts in the Unaudited financial results for the quarter and fifteen month ended March 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on April 21, 2009) regarding the details of funds received from initial public offer ('IPO') of Rs. 63,224.40 lakhs (including share premium) and utilisation of such funds. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 13 Apr · Board meeting

      Meeting on 21 Apr 2009: “Unaudited Financial Results for the qtr ended March 31, 2009”
  11. Mar 2009

    • 2 Mar · Miscellaneous

      Spice Communications Limited has submitted the revised shareholding pattern under clause 35 of the Listing Agreement for the quarter ended December 31, 2008. The Company has informed the Exchange that TMI India's shareholding is part of the shareholding of the promoter group and as such, does not form part of the public shareholding for the purpose of Clause 40A of the Listing Agreement. Further, in the public offer document filed with the Securities and Exchange Board of India in connection with the public offer pursuant to the acquisition of 40.80% of the shares of the Company by Idea Cellular Limited, TMI India was shown as part of the promoter group. However, historically, in the filing made by the Company under Clause 35 of the Listing Agreement, TMI India's shareholding has been shown as being part of the "public shareholding", which practice has been followed by the company while filing shareholding pattern as per Clause 35 of the Listing Agreement as of December 31, 2008 with bone fide assumption that for the purpose of Clause 35 filling under the Listing Agreement, TMI India's shareholding should form part of Public Shareholding. However, in view of the Company's application seeking extension of time for complying with the minimum level of public shareholding requirements under Clause 40A of the Listing Agreement and disclosures made in the public offer document, the company is filing an amended shareholding pattern for the purpose of Clause 35 of the Listing Agreement as on December 31, 2008. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  12. Feb 2009

    • 12 Feb · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2008.A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  13. Jan 2009

    • 30 Jan · News Verification

      News Verification : The media had reports that Spice Communications Limited may merge with Idea Cellular Limited. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Spice Communications Limited has vide its letter inter-alia stated," Idea Cellular Limited (Idea) together with its associate namely Green Acres Agro Services Pvt. Ltd., currently holds 49.9% equity in Spice Communications Limited (Spice). The other major shareholder in Spice is TMI India Limited which holds around 49.0% equity. The balance around 1.1% is held by public. This shareholding is post the open offer formalities under the SEBI Takeover code completed in the month of October, 2008 full disclosures regarding which were made from time to time under various legal requirements to the Exchange. Through a communication dated 25th June, 2008, Spice has, interalia, communicated to the Exchange that it is proposed to merge Spice with Idea with a swap ratio of 49 shares of Idea for every 100 shares in Spice."
    • 22 Jan · Utilisation of Funds

      Vide notes to Accounts in the Unaudited financial results for the quarter and twelve month ended December 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on January 21, 2009) regarding the details of funds received from initial public offer ('IPO') of Rs. 63,224.40 lakhs (including share premium) and utilisation of such funds. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 22 Jan · Updates

      Highlights of Results for the Quarter ended December 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 22 Jan · Management

      The Board of directors of the Company have vide circular resolution dated January 20, 2009 appointed Mr. Baldev Hansraj Gupta as an additional Director and also as the Chairman of the Audit Committee of the Board
    • 13 Jan · Board meeting

      Meeting on 21 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
  14. Dec 2008

    • 30 Dec · Change in Financial year

      The directors of the Company has resolved on 22nd December, 2008, that the current Financial Year of the Company, which commenced on 1st January, 2008, and was to have ended on 31st December, 2008, has been extended to a fifteen months period from the twelve months period, to end on 31st March, 2009, and the subsequent financial years' of the Company have been changed to a period beginning from 1st April of one financial year and concluding on 31st March of the next calendar year.
  15. Nov 2008

    • 14 Nov · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter and nine months ended September 30, 2008. The details of the limited review report shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 6 Nov · Change in registered office

      The registered office of the Company has been changed w.e.f. 23/10/2008 from 60-D, Sainik Farms, New Delhi 110062 to A-30, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi -110044 within the jurisdiction of Registrar of Companies, Delhi & Haryana
  16. Oct 2008

    • 30 Oct · Management

      (1) Mr. Devendra Raj Mehta, Mr. Mahesh Prasad and Mr. Krishan Lal Chugh have resigned from the directorship of the Company w.e.f. October 23, 2008. (2) Mr. G.P. Gupta has since been appointed as an Additional Director (Independent) on the Board of the Company.
    • 24 Oct · Post offer Public announcement

      "We refer to the Open Offer to acquire up to 137,985,050 equity shares constituting 20% of paid up capital of Spice Communications Limited by Idea Cellular Limited along with TM International Berhad, TMI Mauritius Ltd, TMI India Ltd and Green Acre Agro Services Private Limited as persons acting in concert, at a price of Rs. 77.30 (Rupees Seventy Seven and thirty paise only) per fully paid up share. The Offer closed on October 6, 2008 and the shareholders were paid the consideration on October 15, 2008 as per the Regulations". Further, Lazard India Private Limited has submitted to the Exchange a copy of the Post Offer Public Announcement published on October 24, 2008 in the newspapers. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 23 Oct · Updates

      Vide its letter dated October 23, 2008 that "The Board of Directors of the Company at their just concluded meeting has, inter-alia, decided/ granted in-principle approval to de-merge the UAS Licences of Maharashtra, Andhra Pradesh, Delhi and Haryana circles to an eligible transferee through a court approved scheme of de-merger/ reconstruction under Section 391 to 394 of the Companies Act, 1956, so as to derive value from the demerger of the said licenses and for the said purpose has delegated powers to a committee of Directors/ Officials to take all necessary steps, including finalizing of the scheme and filing the same with stock Exchanges/ Court of law".
    • 13 Oct · Board meeting

      Meeting on 23 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”
  17. Sep 2008

    • 9 Sep · Corrigendum

      Lazard India Private Limited had submitted to the Exchange copies of Public Announcements (dated June 30, 2008 and August 14, 2008) for Open Offer to purchase 20% of equity shares i.e. 137,985,050 equity shares ("Offer") of Spice Communications Limited ("Spice") at a price of Rs. 77.30 per share under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 ("Regulations"). Lazard India Private Limited has, further to the Public Announcements published on June 30, 2008 and August 14, 2008 in relation to the Offer, has now submitted to the Exchange a copy of the Corrigendum to the Public Announcements (including the revised schedule of activities for the Offer), to the equity shareholders of Spice, which has been published in accordance with the provisions of the Regulations, on September 09, 2008, in the newspapers. A copy of the corrigendum shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 4 Sep · Management

      Mr. Kapish Chander Jain has been appointed as Vice President & Compaany Secretary w.e.f. September 01, 2008 in place of Ms. Preeti Malhotra, who had resigned as the Company Secretary of the Company w.e.f. August 31, 2008.
    • 2 Sep · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 1 Sep · Management

      Ms. Preeti Malhotra has resigned from the post of President (Corporate Affairs) & Company Secretary w.e.f. August 31, 2008 as per the resignation letter received from her. Consequently she ceased to be the Company Secretary of the Company.
  18. Aug 2008

    • 18 Aug · Management

      Mr. Hetal Gandhi has resigned from the directorship of Spice Communications Limited w.e.f August 13, 2008 as per the resignation letter received from him on August 18, 2008
    • 14 Aug · Updates

      Lazard India Private Limited had submitted to the Exchange a copy of Public Announcement (dated June 30, 2008) for Open Offer to purchase 20% of equity shares i.e. 137,985,050 equity shares ("Offer") of Spice Communications Limited ("Spice") at a price of Rs. 77.30 per share under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 ("Regulations"). Lazard India Private Limited has, further to the Public Announcement published on June 30, 2008 in relation to the Offer, submitted to the Exchange a copy of additional Announcement to the equity shareholders of Spice, which has been published in accordance with the provisions of the Regulations, on August 14, 2008, in the newspapers. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 11 Aug · Management

      Mr. M. R. Prasanna and Mr. Ashish Dwivedi have been appointed as Additional Directors of the Company w.e.f. 8th August, 2008
  19. Jul 2008

    • 30 Jul · Utilisation of Funds

      Vide notes to Accounts in the unaudited financial results for the quarter ended June 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on July 30, 2008) regarding the details of funds received from intitial public offer ('IPO') of Rs. 6,322.44 (including share premium) and utilisation of such funds. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 22 Jul · Board meeting

      Meeting on 30 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”

How the price met the news

The first session after each announcement, beside the market.

That dayAgainst the Nifty 500Market median on that newsFive sessionsFive sessions against the Nifty 500Volume, times usual

  • 31 Oct 2008Board or managers changedup 3.50%−2.6 pts vs Nifty 500market median 0.0% · five sessions +6.5% (−1.0 pts vs Nifty 500) · volume 0.1× usual
  • 2 Sep 2008Board or managers changeddown 0.07%−3.5 pts vs Nifty 500market median 0.0% · five sessions +1.8% (−0.5 pts vs Nifty 500) · volume 0.7× usual
  • 18 Aug 2008Board or managers changeddown 0.34%+0.6 pts vs Nifty 500market median 0.0% · five sessions −0.5% (+2.0 pts vs Nifty 500) · volume 0.2× usual
  • 26 Jun 2008Board or managers changedup 33.03%+30.9 pts vs Nifty 500market median 0.0% · five sessions +33.6% (+37.6 pts vs Nifty 500) · volume 1.0× usual

Sharp moves

The latest 30. 23 of the 30 shown had no filing that day or the next.

MoveAgainst the Nifty 500Times its usual moveVolume, times usualFilings

  • 2 Feb 2010No filing that day or the nextup 16.59%+18.0 pts vs Nifty 5005.0× its usual move · volume 17.1× usual
  • 5 Nov 2009No filing that day or the nextup 18.17%+16.5 pts vs Nifty 5003.7× its usual move · volume 5.7× usual
  • 9 Sep 2009No filing that day or the nextup 33.72%+33.7 pts vs Nifty 5009.2× its usual move · volume 49.2× usual
  • 8 Jun 2009No filing that day or the nextdown 10.19%−6.2 pts vs Nifty 5001.9× its usual move · volume 0.3× usual
  • 26 May 2009No filing that day or the nextup 30.28%+33.0 pts vs Nifty 5003.5× its usual move · volume 66.4× usual
  • 8 Apr 2009No filing that day or the nextup 17.82%+15.2 pts vs Nifty 5001.1× its usual move · volume 3.9× usual
  • 20 Feb 2009No filing that day or the nextdown 10.25%−8.4 pts vs Nifty 5000.6× its usual move · volume 0.9× usual
  • 19 Feb 2009No filing that day or the nextup 21.98%+21.7 pts vs Nifty 5001.3× its usual move · volume 1.2× usual
  • 17 Feb 2009No filing that day or the nextdown 16.80%−11.2 pts vs Nifty 5001.0× its usual move · volume 0.5× usual
  • 13 Feb 20091 filingup 10.21%+8.5 pts vs Nifty 5000.6× its usual move · volume 2.0× usual
20 earlier moves
  • 12 Feb 20091 filingup 50.05%+50.9 pts vs Nifty 5003.3× its usual move · volume 3.0× usual
  • 9 Feb 2009No filing that day or the nextdown 14.64%−17.2 pts vs Nifty 5001.0× its usual move · volume 0.6× usual
  • 2 Feb 20091 filingup 68.90%+72.1 pts vs Nifty 5005.9× its usual move · volume 56.7× usual
  • 30 Jan 20091 filingup 81.21%+79.5 pts vs Nifty 50015.3× its usual move · volume 1,055.2× usual
  • 12 Dec 2008No filing that day or the nextup 10.43%+10.1 pts vs Nifty 5001.4× its usual move · volume 2.2× usual
  • 25 Nov 2008No filing that day or the nextup 23.73%+25.4 pts vs Nifty 5003.4× its usual move · volume 20.5× usual
  • 24 Nov 2008No filing that day or the nextup 19.10%+18.7 pts vs Nifty 5003.0× its usual move · volume 2.0× usual
  • 24 Oct 20082 filingsdown 11.51%−0.6 pts vs Nifty 5001.9× its usual move · volume 0.0× usual
  • 16 Oct 2008No filing that day or the nextdown 10.86%−9.3 pts vs Nifty 5001.9× its usual move · volume 0.1× usual
  • 14 Oct 20081 filingup 22.38%+21.2 pts vs Nifty 5004.6× its usual move · volume 0.2× usual
  • 8 Oct 2008No filing that day or the nextdown 15.09%−11.6 pts vs Nifty 5003.6× its usual move · volume 0.0× usual
  • 6 Oct 2008No filing that day or the nextdown 30.14%−24.3 pts vs Nifty 50017.5× its usual move · volume 0.1× usual
  • 3 Oct 2008No filing that day or the nextdown 12.89%−9.7 pts vs Nifty 50030.7× its usual move · volume 0.1× usual
  • 26 Jun 20083 filingsup 33.03%+30.9 pts vs Nifty 5007.0× its usual move · volume 1.0× usual
  • 23 Apr 2008No filing that day or the nextup 15.85%+16.2 pts vs Nifty 5003.5× its usual move · volume 4.6× usual
  • 2 Apr 2008No filing that day or the nextup 10.24%+9.8 pts vs Nifty 5002.1× its usual move · volume 2.3× usual
  • 1 Apr 2008No filing that day or the nextup 10.81%+11.0 pts vs Nifty 5002.3× its usual move · volume 1.7× usual
  • 11 Feb 2008No filing that day or the nextdown 11.31%−6.0 pts vs Nifty 5002.4× its usual move · volume 0.4× usual
  • 25 Jan 2008No filing that day or the nextup 11.22%+4.2 pts vs Nifty 5002.4× its usual move · volume 0.4× usual
  • 23 Jan 2008No filing that day or the nextup 10.01%+3.2 pts vs Nifty 5002.3× its usual move · volume 0.8× usual