{"id":1175,"date":"2019-11-03T00:47:32","date_gmt":"2019-11-03T00:47:32","guid":{"rendered":"https:\/\/jobbinghood.com\/finance\/2019\/11\/03\/spicejet-chief-ajay-singh-pledges-2-78-shares\/"},"modified":"2019-11-03T00:47:32","modified_gmt":"2019-11-03T00:47:32","slug":"spicejet-chief-ajay-singh-pledges-2-78-shares","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2019\/11\/03\/spicejet-chief-ajay-singh-pledges-2-78-shares\/","title":{"rendered":"SpiceJet chief Ajay Singh pledges 2.78% shares"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"article-image\">\n<figure><img fetchpriority=\"high\" decoding=\"async\" class=\"lazy lazy-hidden wp-image-1744155 size-full\" src=\"http:\/\/www.financialexpress.com\/wp-content\/plugins\/a3-lazy-load\/assets\/images\/lazy_placeholder.gif\" data-lazy-type=\"image\" data-src=\"https:\/\/images.financialexpress.com\/2019\/10\/spicejet.jpg\" alt=\"SpiceJet, Ajay Singh, industry news,\u00a0IDFC First Bank,SpiceJet news\" width=\"660\" height=\"440\" srcset=\"\" data-srcset=\"https:\/\/images.financialexpress.com\/2019\/10\/spicejet.jpg 660w, https:\/\/images.financialexpress.com\/2019\/10\/spicejet-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2019\/10\/spicejet-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2019\/10\/spicejet-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><noscript><img decoding=\"async\" class=\"wp-image-1744155 size-full\" src=\"https:\/\/images.financialexpress.com\/2019\/10\/spicejet.jpg\" alt=\"SpiceJet, Ajay Singh, industry news,\u00a0IDFC First Bank,SpiceJet news\" width=\"660\" height=\"440\" srcset=\"https:\/\/images.financialexpress.com\/2019\/10\/spicejet.jpg 660w, https:\/\/images.financialexpress.com\/2019\/10\/spicejet-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2019\/10\/spicejet-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2019\/10\/spicejet-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><\/noscript><span class=\"article-caption\">Individually, he has a stake of 50.75 per cent in the company, as per the filing.<\/span><\/figure>\n<\/div>\n<p><a target=\"_blank\" href=\"http:\/\/www.financialexpress.com\/tag\/spicejet\/\" rel=\"noopener noreferrer\">SpiceJet<\/a> promoter and chief Ajay Singh has pledged around 2.78 per cent shares towards securing a credit facility for the airline.<\/p>\n<p>A total of 1.67 crore shares were pledged in favour of IDFC First Bank Ltd on October 24, according to a filing submitted by the carrier to the BSE on Saturday.<\/p>\n<p>These shares, which account for 2.78 per cent shareholding, have been pledged to \u201csecure a credit facility obtained by SpiceJet\u201d, it added.<\/p>\n<p>With the latest pledge of shares, a total of 26.32 per cent shareholding of Singh is now encumbered.<\/p>\n<p>Individually, he has a stake of 50.75 per cent in the company, as per the filing.<\/p>\n<div class=\"common-bottom-text\">\n<p>Get live <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stock Prices<\/a> from BSE and NSE and latest NAV, portfolio of <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mutual Funds<\/a>, calculate your tax by <a href=\"https:\/\/www.financialexpress.com\/income-tax-calculator\/\" target=\"_blank\" rel=\"noopener noreferrer\">Income Tax Calculator<\/a>, know market\u2019s <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-gainers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Gainers<\/a>, <a href=\"http:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-losers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Losers<\/a> &amp; <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/equity-funds\/\" target=\"_blank\" rel=\"noopener noreferrer\">Best Equity Funds<\/a>. Like us on <a href=\" https:\/\/www.facebook.com\/thefinancialexpress\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a> and follow us on <a href=\" https:\/\/twitter.com\/FinancialXpress\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>.<\/p>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Individually, he has a stake of 50.75 per cent in the company, as per the filing. SpiceJet promoter and chief Ajay Singh has pledged around 2.78 per cent shares towards securing a credit facility for the airline. A total of 1.67 crore shares were pledged in favour of IDFC First Bank Ltd on October [&hellip;]<\/p>\n","protected":false},"author":348,"featured_media":1176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-1175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/1175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=1175"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/1175\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/1176"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=1175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=1175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=1175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}