[ad_1] Aviation carrier SpiceJet Ltd. on Monday, March 17, informed the exchanges that its promoter Ajay Singh will sell up to 3.15 crore equity shares to fund the purchase of Spice Health warrants. Spice Healthcare will convert 13.14 crore warrants into equity shares. Upon share allotment, the promoter group stake will rise to 33.47% from […]
SpiceJet CMD Ajay Singh sells stake worth ₹52 crore via block deal on Thursday – CNBC TV18
[ad_1] Ajay Singh, Chairman and Managing Director of aviation carrier SpiceJet Ltd. sold some stake in the airline via block deals on Thursday, according to official data available on the Bombay Stock Exchange. Singh sold 1.15 crore shares or 0.89% of the total equity through these blocks, data indicated. The 1.15 crore shares were sold […]
SpiceJet reports ₹25 crore net profit in third quarter – CNBC TV18
[ad_1] SpiceJet Ltd announced its earnings for the September and December quarters on Wednesday, February 25. The airline reported a net profit of ₹24.9 crore in the third quarter against the previous year’s ₹301 crore. Chairman and managing director Ajay Singh the company turned net worth positive for the first time in a decade. “The […]
SpiceJet launches share sale to raise up to ₹3,000 crore — Check floor price and other details – CNBC TV18
[ad_1] Aviation carrier SpiceJet Ltd. has launched a Qualified Institutional Placement whereby it aims to raise funds by selling shares to eligible institutional participants. SpiceJet aims to raise up to ₹3,000 crore through the QIP, where the base size of the issue is said to be ₹1,500 crore, with a green shoe option of another […]
SEBI exempts SpiceJet promoter from making open offer to airline’s shareholders – CNBC TV18
[ad_1] The Securities and Exchange Board of India (SEBI) has granted SpiceJet’s promoter exemption from the obligation to make an open offer to the airline’s shareholders in relation to the acquisition of additional shares, the firm said in an exchange filing on September 14. On conversion of warrants that were issued to it, the promoter […]
SpiceJet Q1 Results | Net profit declines 20% to ₹158 crore, board approves ₹3,000 crore QIP – CNBC TV18
[ad_1] No-frills carrier SpiceJet Ltd on Wednesday (August 14) reported a 19.9% year-on-year (YoY) decline in net profit at ₹158.2 crore for the first quarter that ended June 30, 2024. In the corresponding quarter, SpiceJet posted a net profit of ₹197.6 crore, the company said in a regulatory filing. SpiceJet’s balance sheet shows a profit […]