21.11.2010 by APPSC PORTAL KalanithiMaran promoted KAL Airways has bought 5 per cent equity in low-cost air carrier SpiceJet for Rs.91.52 crore, as part of the deal to acquire 37.7 per cent stake in the company signed this June. ...
12.11.2010 by Latest News 10) KalanithiMaran and his firm KAL Airways have bought additional 2.28% equity from Spice jet. 11) Whos book was withdrawn by Mumbai University after Shiv Sena's protest? A) Rohinton Mistry's book Such a Long Journey. ...
Author: Charmi Gutka
, Category: Mergers & Acquisitions
, Industry: Airlines / Autos
, Title: KalanithiMaran 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, KalanithiMaran, TPG Growth, Jet Airways India Limited, Kingfisher Airlines Limited, Spicejet Limited , Date: September 13,2011 - 11:51 AM