Ajay Singh become the promoter of the Company
SpiceJet announced that pursuant to the Share Sale and Purchase Agreement dated 29 January 2015 between the Company, Kalanithi Maran, Kal Airways and Ajay Singh, the entire shareholding of Kalanithi Maran and Kal Airways (the existing Promoters) aggregating to 350,428,758 equity shares (58.46%) has been transferred to Ajay Singh on 23 February 2015. Consequently, Ajay Singh has become the Promoter of the Company and Kalanithi Maran and Kal Airways have ceased to be promoters of the Company.Powered by Capital Market - Live News
