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Biz couple Harihara & Preeti Mahapatra to invest in SpiceJet. Know about them

As per a media report, Harihara and Preet Mahapatra will invest ₹1,100 crore in SpiceJet.

Mumbai , Maharashtra , India , Uttar-pradesh , Hariahara-mahapatra , Harihara-mahapatra , Preeti-mahapatra , Rajya-sabha , Ajay-singh , Spicejet , Aries-opportunities-fund , Mahapatra-universal

Aid for SpiceJet: Mumbai-based Harihara Mahapatra, Preeti Mahapatra to invest Rs 1,100 cr, to hold over 21% stake

In an exchange filing on Tuesday, the airline said Harihara Mahapatra and Preeti Mahapatra, who are promoters of the Mumbai-based group Mahapatra Universal Limited, will hold more than 21 stake in the airline.

Uttar-pradesh , India , Mumbai , Maharashtra , Preeti-mahapatra , Prabhudas-lilladher , Hariahara-mahapatra , Rajya-sabha , Kapil-sibal , Harihara-mahapatra , Ajay-singh , Mahapatra-group

Mumbai-based business couple to invest Rs 1,100 cr in Spicejet, 62 others also pick stake

SpiceJet will issue convertible warrants to 64 allottees, including Prabhudas Lilladher Advisory Services, LKP Finance, Martina Developers, and Fincon, at Rs 50 apiece. This is 18.4% lower than the airline's stock price of Rs 61.3 when markets closed on December 11

India , Mumbai , Maharashtra , Uttar-pradesh , Rajya-sabha , Hariahara-mahapatra , Ajay-singh , Preeti-mahapatra , Harihara-mahapatra , Spicejet , Prabhudas-lilladher-advisory-services , Aries-opportunities-fund