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Kal Airways News

22 May 2024

SpiceJet To Seek Refund Of Rs 450 Cr From Kalanithi Maran

SpiceJet has announced plans to seek a refund of Rs 450 crore from former promoter Kalanithi Maran and his firm, KAL Airways.

24 Aug 2023

Delhi HC Orders Spicejet, Ajay Singh To Pay Rs 100 cr To Kalanithi Maran

On August 9, the court had issued notice on Kal Airways and Maran's application seeking 50 per cent of the daily revenue collection of SpiceJet to be paid to them on a weekly basis.

28 Jul 2017

Pay Rs 579 crore in share transfer dispute, Supreme Court tells SpiceJet

he Supreme Court on Friday directed SpiceJet to pay Rs 579 crore in a share transfer dispute case in the wake of change in the airline`s ownership in 2015.

29 Jul 2016

Share-transfer dispute: Delhi HC asks Spicejet, Kalanithi Maran to set up arbitral tribunal

Delhi High Court on Friday directed Spicejet and Kalanithi Maran to set up arbitral tribunal which has to decide the issue in 12 months.

30 Jan 2015

SpiceJet to get Rs 1,500 cr funds; Marans to also put Rs 375 crore

The embattled airline, which received a lifeline from original promoter Singh earlier this month, would issue up to 37.5 lakh non-convertible cumulative redeemable preference shares.

30 Jan 2015

Kalanithi Maran, Kal Airways sell entire SpiceJet stake to Ajay Singh

Budget airline SpiceJet on Friday said that its promoters Kalanithi Maran and Kal Airways plan to sell their entire equity to co-founder Ajay Singh.

21 Nov 2014

SpiceJet stock up 15% on stake sale reports

Shares of SpiceJet soared nearly 15 percent today amid reports of stake sale by the Sun group which owns the airline.

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