DIGISPICE TECHNOLOGIES LIMITED — Board/Management Information 2020

Jun 26, 2020

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Date: June 26, 2020

BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 517214

National Stock Exchange of India Limited

Exchange Plaza, Plot No. C/1, G Block Bandra – Kurla Complex, Bandra (E), Mumbai – 400 051

Scrip Code: DIGISPICE

Sub.: Outcome of Board Meeting pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

A Meeting of the Board of Directors of the Company was held on 26[th] June, 2020 and the Board interalia considered and approved the following matters:

• A. Audited Financial Results for the Quarter and Financial Year ended March 31, 2020 and Auditors’ Reports thereon.

In pursuance to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as 'Regulations'), please find enclosed herewith as the following for the quarter and financial year ended March 31, 2020 (“ Annexure-A”) :

1. Audited Financial Results both consolidated as well as standalone;

2. Auditors’ Reports on the aforesaid results by M/s. Singhi & Co., Chartered Accountants, the Statutory Auditors of the Company; and

3. Declaration regarding Audit Reports with Unmodified Opinion issued by M/s. Singhi & Co., Chartered Accountants, the Statutory Auditors of the Company, on both the results, i.e. standalone as well as consolidated.

The above Audited Financial Results has been reviewed by the Audit Committee and approved by the Board of Directors of the Company in their meetings held on 25[th] June, 2020 and 26[th] June, 2020, respectively.

B. Appointment of Mr. Ravindra Sarawagi as Chief Financial Officer

The Board of Directors in its meeting held today i.e. on 26[th] June, 2020 has, on the recommendation of the Audit Committee and Nomination and Remuneration Committee, has appointed Mr. Ravindra Sarawagi as Chief Financial Officer (CFO) of the Company with immediate effect. Requisite details as required under Regulation 30 of the Regulations is given below:

Name of CFO	Reason for **Change **	Date of Appointment	Brief Profile
Mr. Ravindra Sarawagi	Appointment	26thJune, 2020	Brief profile of Mr. Ravindra Sarawagi isgiven below.

DiGiSPICE Technologies Limited

(Formerly Spice Mobility Ltd.)

CIN - L72900DL1986PLC330369

Regd. Office: 622, 6[th] Floor, DLF Tower A, Jasola District Centre, New Delhi 110025, Tel: +91 11 41251965 Corp. Office: Spice Global Knowledge Park, 19A & 19B, Sector-125, Noida- 201301, Uttar Pradesh, India - Tel: +91 120 3355131 Email ID: Complianceofficer@smobility.in I Website: www.digispice.com

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Brief profile of Mr. Ravindra Sarawagi

Mr. Ravindra Sarawagi is a fellow member of the Institute of Chartered Accountants of India and CFA, USA (Level II). He has an overall experience of more than 19 years in industries like IT Services, Publication and mobile Devices. He has been associated with the group for 9 years and has been managing various activities including financial analysis, audits, internal & regulatory reporting, accounting operations, formulation of business plans etc. He has also been actively working with the business teams in driving the Board strategy at the operating level. His last role was as Deputy CFO of the Company from 4[th] February, 2020.

• C. Authorization for intimation pursuant to Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

In suppression to the earlier authorization, the Board of Directors has authorized the following KMPs of the Company for the purpose of determining materiality of an event or information and for making disclosure to the Stock Exchanges under Listing Regulations:

S. No.	Name	Designation	Email Id of the authorized KMPs
1.	Mr. M. R. Bothra	Vice President – Corporate Affairs & Company Secretary	mr.bothra@spiceglobal.com
2.	Mr. Rohit Ahuja	Executive Director	rohit.ahuja@spiceglobal.com
3.	Mr. Ravindra Sarawagi	Chief Financial Officer	ravindra.sarawagi@digispice.com

The contact number of the KMPs is 0120 – 3355131

The said Board Meeting commenced at 11:00 and concluded at 14:25.

You are requested to kindly take the aforesaid information on record.

Thanking you.

Yours faithfully, For DiGiSPICE Technologies Limited (formerly Spice Mobility Limited)

Sd/-

M.R. Bothra Vice President – Corporate Affairs & Company Secretary

Ph. No. 0120 – 3355131

Encl.: as above

Note: In view of the Guidelines issued by the stock exchanges for submission of the documents in the wake of CoVID-19 virus pandemic, this document is being submitted without signature of the aforesaid signatory i.e. with Sd/-.

DiGiSPICE Technologies Limited (Formerly Spice Mobility Ltd.) CIN - L72900DL1986PLC330369

Regd. Office: 622, 6[th] Floor, DLF Tower A, Jasola District Centre, New Delhi 110025, Tel: +91 11 41251965 Corp. Office: Spice Global Knowledge Park, 19A & 19B, Sector-125, Noida- 201301, Uttar Pradesh, India - Tel: +91 120 3355131 Email ID: Complianceofficer@smobility.in I Website: www.digispice.com

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