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SpiceJet’s arm becomes WoS of company

17 Feb 2020 Evaluate

SpiceJet’s subsidiary company -- SpiceJet Interactive (SIPL) has now become wholly-owned subsidiary (WoS) of the company with effective from February 14, 2020. SIPL has not commenced its business operations yet. The company has acquired SIPL to achieve operational and management synergy.

SpiceJet is among the first private companies that stepped into the Indian aviation sector.

Peers
Company Name CMP
Interglobe Aviation 5642.00
SpiceJet 8.26
TAAL Tech 943.50
Taneja Aerospace 312.55
Global Vectra Helico 130.65
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