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SpiceJet To Seek ₹450 Cr Refund From Former Owner Kalanithi Maran After Delhi High Court Ruling; Shares Surge Over 2%

The Budget carrier, SpiceJet Limited on Wednesday announced through an exchange filing that the airline is planning to ask for a refund of Rs 450 crore from the Rs 730 crore it had paid to its former owner, Kalanithi Maran, and his company, KAL Airways. This decision by the airline come after a ruling by Delhi High Court on May 17.

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SpiceJet Submits Bid To Buy Go First, Stock Surges To 52-Week High

SpiceJet Submits Bid To Buy Go First, Stock Surges To 52-Week High
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SpiceJet To Complete Payment Of Rs 100 Cr To Kal Airways By Today; $1 5 Million To Credit Suisse As Per Court Direction

SpiceJet To Complete Payment Of Rs 100 Cr To Kal Airways By Today; $1 5 Million To Credit Suisse As Per Court Direction
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SpiceJet Allots Equity Shares And Warrants On A Preferential Basis

SpiceJet Allots Equity Shares And Warrants On A Preferential Basis
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SpiceJet board to consider options to raise fresh capital

The board of directors in a meeting will also discuss and consider 'issuance of equity shares on preferential basis consequent upon conversion of outstanding liabilities into equity shares'.

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