Mumbai: Budget carrier SpiceJet Ltd on Monday allotted 1.5 crore equity shares of Rs 10 each to its promoter Kalanithi Maran following the exercise of conversion right attached to 1.5 crore warrants issued on preferential basis, at an issue price of Rs 36.18 each. As at the end of the second quarter (September 30), Maran’s holding in the company stood at 52.14 per cent with 27.12 crore shares.
Read News In full 02/12/13 Business Line
Tuesday, 10 December 2013
Kalanithi Maran’s stake in SpiceJet rises to 53.48%
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