SpiceJet: Talks between Ajay Singh-Marans may collapse

Written By Unknown on Senin, 05 Januari 2015 | 23.25

According to sources, Singh has said he wants Marans to pay nearly Rs 1100 crore in liabilities. But Marans have disagreed to pay the amount in a crucial meeting held with Singh and others this evening.

There seems to be no end to SpiceJet 's troubles. Sources say talks between the airline's former promoter Ajay Singh and its current promoters the Marans are on the brink of a break down.

According to sources, Singh has said he wants Marans to pay nearly Rs 1100 crore in liabilities. But Marans have disagreed to pay the amount in a crucial meeting held with Singh and others this evening.

Stay tuned for more...

SpiceJet stock price

On January 05, 2015, SpiceJet closed at Rs 17.45, down Rs 0.2, or 1.13 percent. The 52-week high of the share was Rs 22.20 and the 52-week low was Rs 11.10.


The latest book value of the company is Rs -16.49 per share. At current value, the price-to-book value of the company was -1.06.


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