Tata Sons Ltd, the holding company of Tata group, and Singapore Airlines Ltd—the two promoters of Vistara—have infused total capital of over ₹4,000 crore into the airline in the 12 months to April, according to documents filed with the corporate affairs ministry.
The large capital infusion is related to the airline’s expansion plans over the next few months.
The paid-up share capital of Vistara increased by ₹600 crore in fiscal year 2018 and stood at ₹1,620 crore as on 31 March 2018. With the capital infusion of ₹4,020 crore since April 2018, the paid-up capital of Vistara now stands at ₹5,640 crore.
