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| Exchange Disseminated Time | | Spicejet Ltd has informed BSE that pursuant to the Share Sale and Purchase Agreement dated January 29, 2015 between the Company, Mr. Kalanithi Maran, Kal Airways Private Limited and Mr. Ajay Singh, the entire shareholding of Mr. Kalanithi Maran and Kal Airways Private Limited (the existing Promoters) aggregating to 350,428,758 equity shares (58.46%) has been transferred to Mr. Ajay Singh on February 23, 2015. Consequently, Mr. Ajay Singh has become the Promoter of the Company and Mr. Kalanithi Maran and Kal Airways Private Limited have ceased to be promoters of the Company. |
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