{"id":623637,"date":"2023-12-21T12:25:10","date_gmt":"2023-12-21T06:55:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=623637"},"modified":"2023-12-21T13:01:24","modified_gmt":"2023-12-21T07:31:24","slug":"business-couple-harihara-preeti-mahapatra-to-invest-in-spicejet-know-about-them-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/business-couple-harihara-preeti-mahapatra-to-invest-in-spicejet-know-about-them-2\/","title":{"rendered":"Business couple Harihara &amp; Preeti Mahapatra to invest in SpiceJet. Know about them"},"content":{"rendered":"<p>Businessman Harihara Mahapatra and his wife Preeti Mahapatra are likely to invest \u20b91,100 crore in SpiceJet in return for a 19% stake in the companies.<\/p>\n<p>According to the Economic Times, which reviewed a detailed funding proposal, Aries Opportunities Fund will hold 3% while Elara Capital will hold 8%.<\/p>\n<p>The development comes as SpiceJet last week announced that several high-net individuals will invest over \u20b92,000 crore in it through 130 million convertible warrants and 320.8 million fresh equity shares. This is likely to reduce promoter Ajay Singh\u2019s current shareholding in the airline from 56.49% to at least 38.55%, reported ET.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Businessman Harihara Mahapatra and his wife Preeti Mahapatra are likely to invest \u20b91,100 crore in SpiceJet in return for a 19% stake in the companies. According to the Economic Times, which reviewed a detailed funding proposal, Aries Opportunities Fund will hold 3% while Elara Capital will hold 8%. The development comes as SpiceJet last week announced that several high-net individuals will invest over \u20b92,000 crore in it through 130 million convertible warrants and 320.8 million fresh equity shares. This is likely to reduce promoter Ajay Singh\u2019s current shareholding in the airline from 56.49% to at least 38.55%, reported ET.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[184,141,130],"tags":[],"class_list":["post-623637","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-hindustantimes","category-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/623637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=623637"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/623637\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=623637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=623637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=623637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}