Updates Spice mobiles

Spice Mobility Ltd has informed BSE in December 2010 that the Company has acquired 100% Share Capital of M/s. Kimman Exports Private Limited, which is having a property admeasuring 3162 Sq. Meters land area and 90,000 square ft. Built-up area located at Noida, at a total consideration of approximately Rs. 45.51 crores/- (Rupees Forty Five Crores and Fifty One Lacs only).On the said acquisition Kimman Exports Private Limited has become a wholly owned subsidiary of the Company.
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Spice Mobility Ltd has informed BSE in 15 November 2010 that in accordance with the Scheme of Amalgamation of Spice Televentures Pvt. Ltd. ('Transferor Company') with the Company, the Company has allotted 16,34,48,285 equity shares of Rs. 3/- each to the shareholders of Transferor Company. Consequently the following changes have occurred:


1. The issued share capital has increased from Rs. 22,39,14,000/- divided into 7,46,38,000 equity shares of Rs. 3/ each to Rs. 71,42,58,855/- divided into 23,80,86,285 equity shares of Rs. 3/- each.

2. Pursuant to the allotment of the aforesaid shares, Spice Global investments Pvt. Ltd. is now holding 16,34,48,285 equity shares constituting 68.65% of the paid up capital of the Company (including 3955 equity shares of face value of Rs. 3/- each allotted to Mr. Gopal Singh Negi in which beneficial interest is held by Spice Global Investments Pvt. Ltd).
3. The Company has become a subsidiary of Spice Global Investments Pvt. Ltd.
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Spice Mobility Ltd has informed BSE that the Scheme of Amalgamation between Spice Mobility Limited and Spice Televentures Private Limited has become effective on November 04, 2010 on filing of the respective court orders with ROC by both the companies and the appointed date as per the scheme is January 01, 2010.
The Company further inform that on becoming effective the said scheme -
(i) Authorised Share Capital of the Company has increased from Rs 51,00,00,000 to Rs 99,00,00,000, divided into 33 crore equity shares of Rs. 3/- each.
(ii) Ms. Divya Modi & Mr. D. R. Mehta have been appointed as Directors of Spice Mobility Limited.
(iii) The following companies, being subsidiaries of Spice Televentures Pvt Ltd, the transferee company, have become the subsidiaries of Spice Mobility Ltd


1. Spice Digital Limited and its subsidiaries namely-

(a) Mobisoc Technology Pvt. Ltd

(b) Spice Labs Pvt. Ltd

(c) Spice Mobile VAS Pte. Ltd

(d) Spice VAS (Africa) Pte. Ltd

(e) Spice Digital Nigeria Ltd



2. Spice Distribution Limited

3. Hindustan Retail Private Limited and its subsidiaries namely -

(a) Spice Retail Limited

(b) Cellucom Retail India (P) Ltd

(iv) The Company is in the process of allotment of shares to the shareholders of Spice Televentures Private Limited.

Updates Microtech

Micro Technologies (India) Ltd has informed BSE regarding a Press Release December 11, 2010 titled "Micro Technologies Launches Micro Emergency Response System Micro ERS A system to keep you safe where ever you go"

Micro Technologies (India) Ltd has informed BSE regarding a Press Release dated January 14, 2011 titled "Micro Technologies' latest endeavor - 'Micro Technologies Australia'"

Micro Technologies (India) Ltd has informed BSE regarding a Press Release dated January 27, 2011 titled "Micro Technologies (India) Ltd launched the book on "Security Requirements of Navi Mumbai, A National Perspective"

SUS 01 DECCAN CHRONICLE

Deccan Chronicle Holdings Ltd (Rs.75) has informed BSE that the Board of Directors of the Company at its meeting held on January 24, 2011, inter-alia, has approved a Scheme of Amalgamation ('the Scheme') for merger of company's wholly owned subsidiaries viz., Deccan Chargers Sporting Ventures Ltd.; and Odyssey India Ltd. with itself under the provisions of Sections 391 to 394 of the Companies Act, 1956.

The Appointed date of the Amalgamation is April 01, 2010 and the Scheme is subject to the sanction of Hon'ble High Court of Andhra Pradesh, Hyderabad. The transferor companies being wholly owned subsidiaries no fresh shares will be issued by the company upon coming into effect of the Scheme.

Deccan Chronicle Holdings Ltd has informed BSE that the Company is launching the Coimbatore Edition of its English Daily "Deccan Chronicle" with issue date of December 28, 2010.