Spicejet confirms allotment of 15.4 million shares to GS Investment Partners

SpiceJet informed (08-Jun-2010) BSE that it has allotted 15.4 million equity shares of INR10 (USD0.21) per share at a premium of INR29.46 (USD0.63) per equity shares to GS Investment Partners (Mauritius) Ltd consequent upon conversion of 15.4 million warrants issued to them on preferential basis. Following the allotment, Goldman Sachs has reportedly become the third largest equity holder in the LCC (PTI, 08-Jun-2010) [more]