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SpiceJet MD Ajay Singh sells 0.9% stake in company for Rs 52 crore

Summary by Connect Gujarat

Ajay Singh, one of the promoters and MD of SpiceJet, on Thursday divested nearly 1 per cent stake in the budget airline for Rs 52 crore through an open market transaction. According to the bulk deal data on the BSE, Ajay Singh sold over 11.5 million shares, amounting to a 0.9 per cent stake in Gurugram-based SpiceJet. The shares were disposed of at an average price of Rs 45.34, taking the transaction value to Rs 52.31 crore. After the stake sale…

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Promoter Ajay Singh sells nearly 1% stake in SpiceJet for Rs 52 crore - GAGA INDIA

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20 hours ago

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