SpiceJet’s founder Ajay Singh will inject ₹294.09 crore through promoter company Spice Healthcare by converting 13.14 crore warrants into shares. This effectively raises the promoter group stake from 29.11% to 33.47%.
SpiceJet founder-promoter Ajay Singh infusing ₹249 crore. What does this mean for the airline?
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Blog - March 17, 2025
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