Kal Airways

Pay Rs 579 crore in share transfer dispute, Supreme Court tells SpiceJet

Pay Rs 579 crore in share transfer dispute, Supreme Court tells SpiceJet

he Supreme Court on Friday directed SpiceJet to pay Rs 579 crore in a share transfer dispute case in the wake of change in the airline`s ownership in 2015.

Jul 28, 2017, 16:18 PM IST
Share-transfer dispute: Delhi HC asks Spicejet, Kalanithi Maran to set up arbitral tribunal

Share-transfer dispute: Delhi HC asks Spicejet, Kalanithi Maran to set up arbitral tribunal

Delhi High Court on Friday directed Spicejet and Kalanithi Maran to set up arbitral tribunal which has to decide the issue in 12 months.

Jul 29, 2016, 11:40 AM IST
SpiceJet to get Rs 1,500 cr funds; Marans to also put Rs 375 crore

SpiceJet to get Rs 1,500 cr funds; Marans to also put Rs 375 crore

The embattled airline, which received a lifeline from original promoter Singh earlier this month, would issue up to 37.5 lakh non-convertible cumulative redeemable preference shares.

Jan 30, 2015, 11:00 AM IST
Kalanithi Maran, Kal Airways sell entire SpiceJet stake to Ajay Singh

Kalanithi Maran, Kal Airways sell entire SpiceJet stake to Ajay Singh

Budget airline SpiceJet on Friday said that its promoters Kalanithi Maran and Kal Airways plan to sell their entire equity to co-founder Ajay Singh.

Jan 30, 2015, 10:10 AM IST

SpiceJet stock up 15% on stake sale reports

Shares of SpiceJet soared nearly 15 percent today amid reports of stake sale by the Sun group which owns the airline.

Nov 21, 2014, 20:27 PM IST

SpiceJet raises Rs 133 cr from promoters

Budget carrier SpiceJet has raised Rs 133.21 crore through issue of warrants to the promoters of the company.

Mar 13, 2014, 21:49 PM IST

Spicejet seeks shareholders' nod to hike promoters holding

Budget carrier Spicejet has sought shareholders' approval to increase the promoters stake in the company by almost 5 percent.

Jan 13, 2014, 17:41 PM IST

Kalanithi Maran, Kal Airways hike SpiceJet stake to 53.48%

The promoters of SpiceJet have increased their stake in the low-cost carrier to 53.48 percent by acquiring 2.8 percent equity on conversion of warrants worth over Rs 54 crore.

Dec 02, 2013, 22:46 PM IST

Over 97.46 lakh pledged shares of SpiceJet released

Kal Airways held 15.65 crore or 32.32 percent stake in SpiceJet as of December quarter.

Feb 04, 2013, 15:03 PM IST

SpiceJet raises Rs 54.27 cr from Kalanithi Maran

According to a separate stock exchange filing by the company, Kalanithi Maran and Kal Airways have increased their holding in SpiceJet to 53.48 percent.

Jan 09, 2013, 18:09 PM IST

Over 18.52 lakh pledged shares of SpiceJet released

In a disclosure to the BSE, Spicejet said that over 18.52 lakh equity shares of the company, pledged by Kal Airways have been released.

Jan 08, 2013, 18:42 PM IST

SpiceJet raises Rs 130 cr from Kalanithi Maran in two tranches

Budget carrier SpiceJet has raised Rs 130 crore through issue of securities in two tranches to promoter Kalanithi Maran this week.

Jan 04, 2013, 17:30 PM IST