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Spicejet allots warrants on preferential basis

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Capital Market
Last Updated : Mar 14 2014 | 12:00 AM IST

on 12 March 2014

Spicejet has on 12 March 2014 allotted 641,69,000 warrants, having option to apply for and be allotted equivalent number of equity shares of the face value of Rs 10 each at a premium of Rs 10.76 to promoters of the company on preferential basis. M/s Kal Airways Private Limited was allotted 450,00,000 while Kalanithi Maran has been allotted 191,69,000 warrants.

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First Published: Mar 13 2014 | 9:41 AM IST

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