Tourism Breaking News
According to SpiceJet, the company’s founder, Ajay Singh, will invest ₹294.09 crore into the airline by converting warrants into equity shares, increasing his group’s stake from 29.11% to 33.47%. The investment aims to strengthen the airlines’s financial position, drive growth, and showcase confidence in its future.Ajay Singh to infuse ₹294 crore into airline, boosting promoter stake to 33.47%: SpiceJet
According to SpiceJet, the company’s founder, Ajay Singh, will invest ₹294.09 crore into the airline by converting warrants into equity shares, increasing his group’s stake from 29.11% to 33.47%. The investment aims to strengthen the airlines’s financial position, drive growth, and showcase confidence in its future.
