Mumbai: Budget carrier SpiceJet has raised Rs 130 crore through issue of securities in two tranches to promoter Kalanithi Maran this week.
"...the company has allotted 3,50,000 14 per cent unsecured compulsorily convertible debentures (CCDs) of Rs 100 each aggregating to Rs 35,000,000 to Kalanithi Maran, promoter of the company on preferential basis," the low cost carrier said in a BSE filing today.
According to a separate stock exchange filing by the company, Kalanithi Maran and Kal Airways have increased their holding in SpiceJet to 52.14 per cent.
As on September quarter, both the promoters held 48.59 per cent stake in the airline. Earlier this week, the company had raised Rs 126.5 crore through issue of securities to Kalanithi Maran.
04/01/13 PTI/Economic Times
