Author: Charmi Gutka
, Category: Mergers & Acquisitions
, Industry: Airlines / Autos
, Title: Kalanithi Maran To Infuse Rs130Cr in Spicejet
, Snippet: Kalanaithi Maran is investing Rs130Cr in Spicejet by subscribing to convertible preference shares at a premium of 50% to the current share price of Rs.24. This equity infusion will increase his holding in the company to 43%., Associated Companies: Kal Airways Private Limited, Kalanithi Maran, TPG Growth, Jet Airways India Limited, Kingfisher Airlines Limited, Spicejet Limited , Date: September 13,2011 - 11:51 AM
11.11.2010 by Reuters: Money News MUMBAI (Reuters) - Sun TV founder Kalanithi Maran and his unlisted aviation firm, Kal Airways Pvt Ltd, have raised their stake in SpiceJet by 7.68 percent to 38.66 percent, SpiceJet said in a filing to the BSE.