Spice Mobility down 1% on CFO resignation

Spice Mobility down 1% on CFO resignation

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Share price of Spice Mobility was down 1.7 percent intraday Thursday after CFO resignation.

Madhusudan Venkatachary tendered his resignation as chief financial officer (CFO) of the company due to personal reasons.

The company proposes to hold a board meeting on December 7, 2018, to consider the appointment of new CFO of the company.

The trading window for dealing in the securities of the company will remain closed from December 5, 2018, to December 9, 2018, (both days inclusive).

At 11:15 hrs Spice Mobility was quoting at Rs 11.50, down Rs 0.20, or 1.71 percent on the NSE.

The share declined 36 percent in last 9 months.

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courtsey By – https://www.moneycontrol.com/news/buzzing-stocks/spice-mobility-down-1cfo-resignation_11810901.html

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