Spicejet - Outcome of Board meeting

SpiceJet Profile

1. Appointment of Mr. Tom Ronell as director in place of Mr. Osman Qureshi (Istithmar nominee)0

2. Resignation of Mr. Khaled Mohammed Ali Alkamda as director (lstithmar nominee); and

3. Conversion of FCCBs amounting to USD 200,000 into 368,960 equity shares of INR 10 each to India Asset Recovery Fund Ltd.
 

(c) Centre for Asia Pacific Aviation. Date posted: 02-Sept-08

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