Promoter Ajay Singh Holds Over 60% Stake in SpiceJet

New Delhi: SpiceJet's new promoter Ajay Singh now holds an over 60 per cent stake in the carrier after buying the entire stake of the Marans. Mr Singh, who co-founded the airline some years ago, snapped up a 58.46 per cent stake from the Marans, former promoters, as part of a revival plan that would also see capital infusion of Rs 1,500 crore into the airline. According to a regulatory filing made by SpiceJet, Mr Singh holds ...