The Board of Spacenet Enterprises India Limited (NSEI:SPCENET) announced the spin-off of Winteg People Solutions Private Limited on December 20, 2023. The transaction is approved by board of directors of Spacenet Enterprises India Limited. As per the transaction, 1 equity share of Winteg People Solutions Private Limited for every 4 equity shares of Spacenet Enterprises India Limited will be allotted.