Prøve GULL - Gratis
Ajay Singh to infuse ₹294 crore into SpiceJet
Hindustan Times East UP
|March 18, 2025
SpiceJet on Monday said its founder Ajay Singh will infuse ₹294 crore into the airline through a promoter group entity by way of conversion of warrants into equity shares, following which promoter group's shareholding will increase to over 33%.
NEW DELHI:
Singh, also the chairman and managing director of the carrier, will be infusing the funds through Spice Healthcare Pvt Ltd, a promoter group company.
In a release on Monday, SpiceJet said Singh will infuse ₹294.09 crore into the company through the conversion of 13,14,08,514 warrants into an equivalent number of equity shares (131.4 million equity shares).
"This strategic move will increase the consolidated shareholding of the promoter group in SpiceJet from the current 29.11% to 33.47%," the release said.
Denne historien er fra March 18, 2025-utgaven av Hindustan Times East UP.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Hindustan Times East UP
Hindustan Times East UP
In Bihar, the INDIA bloc fights a perception battle
Will it be the National Democratic Alliance (NDA) that will assume office in Patna on November 14, when the Bihar assembly election results are announced? Or will it be the Mahagathbandhan (a phalanx of the larger Opposition alliance, the INDIA bloc, in Bihar)? There's also a third player that is keenly watched — the Jan Suraaj Party, founded by pollster Prashant Kishor, who may emerge as a kingmaker.
4 mins
October 13, 2025
Hindustan Times East UP
The recipe of trumping odds: The RSS playbook
I have been watching the Rashtriya Swayamsevak Sangh (RSS) — in its 10Ist year now — for more than 50 years. An obvious curiosity arises about the secret of its success.
3 mins
October 13, 2025
Hindustan Times East UP
The gains of recognising the Taliban govt in Kabul
It could help India cultivate political goodwill and public support in Afghanistan
4 mins
October 13, 2025
Hindustan Times East UP
3 held for Bengal gang rape, row over CM reax
KOLKATA: Three people were arrested on Sunday for their alleged involvement in the gang rape of a student of a private medical college in West Bengal’s Paschim Bardhaman district, police said even as chief minister Mamata Banerjee kicked off row with her remark that girls should not be allowed to go outside the campus at night.
1 min
October 13, 2025
Hindustan Times East UP
OPERATION BLUE STAR A MISTAKE: P CHIDAMBARAM
Congress leader P Chidambaram said Operation Blue Star was not the right way to capture militants holed up in the Golden Temple in 1984, due to which the then prime minister, Indira Gandhi, “paid with her life”.
1 min
October 13, 2025
Hindustan Times East UP
US intel helps Ukraine target Russian energy infra: Report
The US has been helping Ukraine mount long-range strikes on Russian energy facilities for months in a joint effort to weaken the economy and force President Vladimir Putin to the negotiating table, the Financial Times (FT) reported on Sunday.
1 min
October 13, 2025
Hindustan Times East UP
Dozens killed in Af-Pak clashes, border closed
Afghanistan and Pakistan said on Sunday they killed dozens of each other's troops during a night of heavy border clashes between the two countries.
1 mins
October 13, 2025
Hindustan Times East UP
Today's united India is a result of Sardar Patel's leadership'
'Sardar @150 Unity March to be held from October 31 to November 26, says CM
1 min
October 13, 2025
Hindustan Times East UP
PHILIPPINES AND CHINA TRADE ACCUSATIONS OVER VESSEL CLASH IN THE SCS
The Philippines and China accused each other on Sunday of responsibility for a maritime confrontation near disputed islands in the South China Sea (SCS), further escalating tensions in the resource-rich waterway.
1 min
October 13, 2025
Hindustan Times East UP
Visit of Afghanistan foreign minister to Taj Mahal cancelled
AGRA: The planned visit of Afghanistan's foreign minister, Amir Khan Muttaqi, to the Taj Mahal, Agra, on Sunday was cancelled at the last moment, officials confirmed, without providing a reason.
1 min
October 13, 2025
Listen
Translate
Change font size