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
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
Annual reports2
- Annual report, year to Mar 2009 (opens in a new tab)Filing day not known
- Annual report, year to Mar 2007 (opens in a new tab)Filing day not known
Spice Communications share news and announcements
55 announcements, routine notices left out, newest first. Page 1 of 2.
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.
Feb 2010
10 Feb · Business
The Hon'ble High Court of Delhi at New Delhi and Hon'ble High Court of Gujarat at Ahmedabad have sanctioned the Scheme of Amalgamation of Spice Communications Limited with Idea Cellular Limited u/s 391 to 394 of the Companies Act, 195610 Feb · Business
Hon'ble High Court of Delhi at New Delhi and Hon'ble High Court of Gujarat at Ahmedabad have sanctioned the Scheme of Amalgamation of ....3 Feb · Spice Communications - Limited Review for the quarter ended Dec 31, 2009
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”
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.
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.
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.
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.
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.
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.
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”
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.
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.
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 Board13 Jan · Board meeting
Meeting on 21 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
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.
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
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”
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.
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, 200814 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
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 dayThe first session's move. The first session's close after the announcement against the close before it, as a per cent change, on prices adjusted for splits and bonuses.Against the Nifty 500Against the Nifty 500. The share's move less the Nifty 500's move the same session, in percentage points (pts).Market median on that newsThe market's median move on that news. The middle first-session move of every listed company that filed the same kind of announcement, half moving more and half less.Five sessionsFive sessions' move. The close five sessions after the announcement against the close before it, as a per cent change.Five sessions against the Nifty 500Five sessions against the Nifty 500. The share's five-session move less the Nifty 500's move over the same five sessions, in percentage points (pts).Volume, times usualVolume, times usual. The session's shares traded divided by the average of the twenty sessions before it.
- 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