SPICETELE

Spice Communications Limited has informed the Exchange regarding 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).<a href=/content/corporate/Spice_updates_22012009.zip target=NEW> For more details click here.</a>

Spice Communications Limited has informed the Exchange 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 t

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 b

Spice Communications Limited has informed the Exchange that: "1) The Company has withdrawn the petition filed in TDSAT against DoT (Petition No. 12 of 2008) challenging the rejection of applications for grant of licenses for 16 circles by DoT and the same is dismissed as withdrawn by TDSAT. 2) The existing Shareholders Agreement dated 10th March, 2006 between TM International Sdn Bhd, Modi Wellvest Private Limited, Super Infosys Private Limited, McorpGlobal Private Limited, Indian Televentures Private Limited, Orion Telecom Limited and Spice Communications Private Limited as amended stands Ter