
Promoters to infuse Rs 294 cr into SpiceJet
SpiceJet’s founder and promoter, Ajay Singh, through Spice Healthcare Pvt. Ltd., will invest Rs 294.09 crore into the airline. The investment will be made by converting 13.14 crore warrants into equity shares, raising the promoter group’s stake from 29.11% to 33.47%.
Quicklinks