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 LTD"or 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.