On March 17, 2025, SpiceJet announced that its Founder and Promoter, Ajay Singh, through M/s Spice Healthcare Private Limited, will inject ₹294.09 crore into the airline. This infusion will be executed through the conversion of 13.14 crore warrants into an equivalent number of equity shares. As a result, the Promoter Group’s consolidated shareholding in SpiceJet …