Airline Turnaround News - Latest Updates & Headlines
SpiceJet to infuse Rs 294 crore in company by converting warrants into equity
Gurugram, March 17: SpiceJet on Monday announced that its Founder and Promoter, Ajay Singh, through Spice Healthcare Private Limited (a Promoter Group Company), will infuse Rs 294.09 crore into the company through the conversion of 13,14,08,514 warrants into an equivalent number of equity shares (13.14 crore equity shares).