Ajay Singh, SpiceJet's chairman, may offload over 10% of his stake in the airline as part of a funding round closing by September's end. The budget...
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Maroc - Times of India - Business - 09/Sep 01:48
SpiceJet's Ajay Singh may sell over 10 pc stake in airline to raise funds
Ajay Singh, chairman of SpiceJet, may sell over 10% of his stake in the airline as part of a funding round aimed at raising up to Rs 3,200 crore. This move seeks to address financial challenges and operational needs. The funding round is anticipated to be completed by the end of September.
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