New Delhi: SpiceJet shareholders have approved paying up to Rs 15 crore as annual remuneration to managing director Ajay Singh as the no-frills airline continued making profits for seven straight quarters.
Besides, shareholders have cleared the appointment of Anurag Bhargava and Harsha Vardhana Singh as independent directors of the company.
These proposals were among those approved during the annual general meeting of the airline held on Monday.
In a filing to the BSE, SpiceJet today said various resolutions including the payment of remuneration to Singh has been approved with requisite majority.
27/12/16 PTI/Economic Times
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Besides, shareholders have cleared the appointment of Anurag Bhargava and Harsha Vardhana Singh as independent directors of the company.
These proposals were among those approved during the annual general meeting of the airline held on Monday.
In a filing to the BSE, SpiceJet today said various resolutions including the payment of remuneration to Singh has been approved with requisite majority.
27/12/16 PTI/Economic Times
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