Digispice Technologies Ltd.

YEAR                       EVENTS
 1986 - The Company was incorporated on 23rd December, and the
        Certificate of Commencement of Bussiness was obtained on 25th
        March 1988.  It was promoted jointly by Modi Rubber, Ltd.
 Indian
        Reprographic Systems Pvt. Ltd. and others.  The Company was
        licenced to manufacture mini computer/micro processor based 
        system.
 
      - The Company entered into a technical and financial
 collaboration
        with Ing. C. Olivetti & C., S.P.A. (Olivetti) and Olivetti
        International, a wholly owned subsidiary of Olivetti.  As per
 the
        agreement, Olivetti were to provide training in Italy to
        technical personnel of the Company regarding manufacturing,
        testing and repairing of licenced products and the use of
 tooling
        and equipments supplied by Olivetti.
 
      - The Company undertook to set up a Rs.25 crore project for the
        manufacture of the state-of-the-art computers which comprise
 the
        Olivettis M-250 and M-380 series.  These were based on
 Surface
        Mounted Technology (SMT).  The Company's M-250 personal
 computer
        is based on Intel 80286 chip with graphics VGA compatible
        controller and 101 keyboard supporting MS DOS OS/2 and Zerix
        operatiing system.  The M-380 Tower Model is based on Intel
 80386
        chip with graphics VGA compatible controller and 101 keyboard
        supporing zerix besides MS DOS and OS/2.
 
 1989 - 700 signatories to Memorandum of Association.  124,99,300
 shares 
        then issued at par out of which shares reserved and allotted
        were:
 
      - (i) 50,00,000 shares to Ing. C. Olivetti & C., S.P.A. Italy
 and
 
      - (ii) 49,99,300 shares to Modi Rubber, Ltd., Indian
 Reprographic
        Systems Pvt. Ltd. and Indian resident directors, their
 friends
        etc.  
 
      - Another 6,25,000 shares werer reserved for preferential
 allotment
        to employees, etc, of the Company and those of promoter
 companies
        but only 3,39,400 shares taken up.  The balance 18,75,000
 shares,
        along with 2,85,600 shares not taken up by employees, were
        offered to the public in October, (all were taken up).
 
 1991 - On 31st March, the Company offered 52,50,000 No. of Equity
 shares
        of Rs.10 each for cash at par as follows:
 
      - (i) 50,00,000 No. of equity shares offered as rights to equity
 
        shareholders in the ratio of 2:5 and
 
      - (ii) 2,50,000 No. of equity shares were reserved for allotment
 to
        the employees (including Indian working directors)/workers of
 the
        Company on an equitable basis.
 
       - In October 50,00,000 rights equity shares offered at par in
         prop. 2:5.  Another 2,50,000 shares offered at par to
 employees
         but only 1,59,500 shares taken up.
 
 2002-  a communication issued to, Modi Olivetti Ltd has informed that
 Mr Raghu Murti, Mr             Deepak Mohla and Mr R S Desikan
 resigned as Directors of the Company and in their             place
 Mr Dilip Modi, Mr Ravinder Lal Ahuja and Mr Vinod Sawhny are
 appointed as             Directors in the Board Meeting held on
 February 11, 2002.
 
 -Modi Olivetti Ltd has informed that Mr M V Rama Kath has resigned as
 the Company Secretary of the Company and Ms Preeti Malhotra, presently
 director has also been appointed as the Company Secretary of the
 Company.
 
 2004
 
 -The company has acquired the shares of Graphtech India Ltd., (GIL),
 an unlisted company on March 24, 2003, in the following manner:-
 
 9,99,699 (49.98%) equity shares of GIL from MCorpGlobal Pvt. Ltd., at
 a consideration of Re.1/-. 
 
 5000 equity shares allotted by GIL to the company at par i.e. Rs.10/-
 per share fully paid up. 
 
 Post allotment, the company's stake in GIL amounts to 50.11% of the
 total paid up capital (post allotment) of GIL.
 
 -Delists from Uttar Pradesh Stock Exchange (UPSE) with effect from
 August 27, 2004
 
 2005
 
 -Spice Net appoint Mr. Kunal Ahooja as CEO
 
 -Company has changed its name from Spice Net Ltd to Spice Ltd        
                                                          
                                                            
 -S Mobility Ltd Issues Rights in the Ratio of 1:1
 
 2007
 
 -Spice Ltd has informed that the Board of Directors of the Company
 vide resolution passed by circulation on March 09, 2007, has accorded
 their consent for the change in name of the Company from SPICE LTD to
 SPICE MOBILES LTDor such other name as may be approved by the
 Registrar of Companies, U.P.
 
 - Spice Mobiles Ltd has informed that the Board of Directors of the
 Company at its meeting held on October 27, 2007, has appointed Mr.
 Krishan Lal Chugh as NonExecutive Independent Director on the Board
 of the Company.
 
 2010
 
 - Spice Mobiles has unveiled its new handset, S-1200, offering
 advanced camera functionalities.
 
 -Company has changed its name from Spice Mobiles Ltd. to Spice
 Mobility Ltd.                                                       
 
                                                         
 2011
 
 -Spice Mobility Ltd has recommended the Dividend @ 50% (Rs. 1.50 per
 share of Rs. 3/- each)
 
 -Company has changed its name from Spice Mobility Ltd. to S Mobility
 Ltd.                                                            
                                                        
 2012
 
 -M. R. Bothra has been appointed as Company Secretary and Compliance
 Officer of the company
 
 -Spice Mobility Ltd has recommended a dividend of 50% (Rs. 1.50 per
 share)
 
 2013
 -S Mobility Ltd has informed that the Board of Directors of the
 Company has recommended a Dividend @ 50% (Rs. 1.50 on equity share of
 Rs. 3/- each) on the paid up capital of the Company for the financial
 year 2012-13.
 -S Mobility Ltd has informed that the name of the Holding Company of
 the Company has been changed from S i2i Mobility Private Limited to
 Smart Ventures Private Limited w.e.f. July 22, 2013.
 
 2014
 -S Mobility Ltd has informed that the name of the Company has been
 changed from ‘S Mobility Limited to ‘Spice Mobility Limited with
 effect from July 21, 2014.
 
 2019
 
 -DiGiSPICE earlier Spice Digital known for manufacturing mobile
 phones, has entered Australia and the UK.
 
 2021
 
 -DiGiSPICE  Money partners with Israel's Tarya for rural tech lending
 platform.
 
 
 2022
 -DiGiSPICE  receives Brand Disruption Awards - 2022 for Travel Union
 launch campaign.