New Delhi: Kalanithi Maran, his wife Kavery and Managing Director S Natrajhen have resigned from SpiceJet since it is being acquired by Ajay Singh.
In a statement, the airline announced these three resignations from the board and also said the airline's registered office is being shifted to Delhi from Chennai. The Marans have sold off their entire 58.46 percent stake to Singh.
It is interesting to see that in the statement, there is no mention of any other investors Singh might have roped in for acquiring this controlling stake in SpiceJet. There has been talk of Singh roping in US-based investors for the acquisition earlier.
Singh has confirmed he will pump in Rs 1500 crore in tranches into the airline and that he has already brought in Rs 100 crore in the first tranche last week - something airline insiders have disputed.
30/01/15 First Post
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In a statement, the airline announced these three resignations from the board and also said the airline's registered office is being shifted to Delhi from Chennai. The Marans have sold off their entire 58.46 percent stake to Singh.
It is interesting to see that in the statement, there is no mention of any other investors Singh might have roped in for acquiring this controlling stake in SpiceJet. There has been talk of Singh roping in US-based investors for the acquisition earlier.
Singh has confirmed he will pump in Rs 1500 crore in tranches into the airline and that he has already brought in Rs 100 crore in the first tranche last week - something airline insiders have disputed.
30/01/15 First Post
