SpiceJet's Singh to infuse Rs 294 crore, up stake to 34%
Ajay Singh, founder-promoter of SpiceJet, will increase his stake in the airline from 29.1% to 33.5% with a Rs 294 crore investment through Spice Healthcare. The investment, via conversion of warrants into equity shares, is expected to strengthen the airline's financial position and support growth.
Ajay Singh, founder-promoter of SpiceJet, will increase his stake in the airline from 29.1% to 33.5% with a Rs 294 crore investment through Spice Healthcare. The investment, via conversion of warrants into equity shares, is expected to strengthen the airline's financial position and support growth. What's Your Reaction?
