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SPICEJET CAPITAL INFUSION
SpiceJet Promoter Ajay Singh completes ₹500 crore equity infusion into airlineSpiceJet's founder Ajay Singh has infused ₹294.09 crore into the airline by converting warrants to equity shares, raising the promoter grou...- Ajay Singh injects Rs 294 crore into SpiceJet, promoter stake rises to 33%SpiceJet will receive approximately Rs 294 crore from founder Ajay Singh, boosting the promoter group shareholding to over 33%. Singh's cap...
- Spicejet, Carlyle Aviation enter into term sheet to restructure certain aircraft lease obligationsSpiceJet has announced a term sheet agreement with Carlyle Aviation Management to restructure aircraft lease obligations amounting to $137....
- SpiceJet improves financial position with another Rs 316 crore fundraisingSpiceJet has secured Rs 316 crore in investments, allocated equity shares and issued warrants to investors. The funding strengthens their f...
- SpiceJet gets shareholders' nod for equity fundraisingThe airline hopes the capital infusion will help revive its grounded planes that continue to weigh on the financial results of the company....
- SpiceJet promoter Ajay Singh on how the Rs 2,254 crore lifeline will help the airline expand capacityInvestment will help the airline to induct fresh capacity and reduce liabilities, thereby reducing cost of capital, said SpiceJet promoter ...
- SpiceJet shares skyrocket 20%, clock biggest single-day gains since October; here's whyThe 15-month high of Rs 52.29 was tested on the back of strong volumes of more than 30 million shares, which was way higher than the six-mo...
- Former promoter Kalanithi Maran seeks over Rs 2,000 crore compensation from SpiceJetMaran has sought compensation due to losses incurred because of SpiceJet’s alleged failure to issue convertible warrants and preference sha...
- SpiceJet says Ajay Singh back as promoter; Marans exitAs part of a share sale and purchase agreement, Marans have transferred their 58.46 per cent to Singh on February 23, SpiceJet said in a re...
- Ajay Singh again becomes the owner of budget carrier SpiceJet"Today the entire 58.46 per cent stake of the Marans' have been transferred to Ajay Singh," sources close to the development said.
- SpiceJet to get 2nd tranche of Rs 400 crore by WednesdaySpiceJet is expected to receive the second tranche of Rs 400 crore of the Rs 1,500 crore fund infusion from the new promoter Ajay Singh by ...
- Ajay Singh struck SpiceJet deal at a throwaway price of around Rs 200 crSources indicate that Ajay Singh has struck the deal to buy Maran’s 58% stake in SpiceJet at a throwaway price of around Rs 200 crores.
- Hectic parleys on as SpiceJet awaits investment; shares soarThe hectic parleys come at a time when the airline is likely to get the first round of its much-needed capital, as part of an estimated USD...
- SpiceJet shares surge 10% on hopes of capital infusionShares of SpiceJet soared almost 10 per cent today on hopes that the company may get the first round of its much-needed fund infusion by Ja...
- SpiceJet’s decision to reduce its fleet size and cut down on flights not alike Kingfisher’sSpiceJet’s decision to reduce fleet size and cut flights to address capital woes has led to its comparison with the now-defunct Kingfisher.
- SpiceJet close to selling some overseas slots to Qatar AirwaysGulf carrier Qatar Airways is likely to invest in the debt-ridden SpiceJet by purchasing its parking slots overseas, official sources said.
- SpiceJet shares rise over 3% on talks for fund infusionSpiceJet's stock ended the day 3.32 per cent higher at Rs 17.10 on the BSE. During the day, the scrip gained 5.43 per cent to Rs 17.45.
- SpiceJet in advanced talks for capital infusion; announces minor rejig in managementAt the time of announcing the results, the airline’s auditors had also expressed concerns about its liabilities exceeding its assets by Rs ...
- Kalanithi Maran to infuse Rs 100 crore in SpiceJetSpiceJet promoter media baron Kalanithi Maran is pumping Rs 100 crore into the budget airline SpiceJet through a preferential offer of shar...
- Deal with Ross is ‘alive’, says SpiceJetBudget carrier SpiceJet, which received an $80-million investment commitment from billionaire investor Wilbur Ross last month, has said the...
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