SpiceJet receives approval for appointment of Ajay Singh as MD

Q.  SpiceJet has received shareholder approval for the appointment of which executive as its MD?
- Published on 08 Oct 15

a. Abhay Singh
b. Ajay Singh
c. Sanjiv Kapoor
d. None of the above

ANSWER: Ajay Singh
 
Low cost carrier SpiceJet has received shareholder approval for appointment of Ajay Singh as MD by the board for a 3 year period. The shareholders gave the approval through a postal ballot. Singh was the original co founder of the airlines. He gained 58.46% stake from promoters Kalanithi Maran and Kal Airways Pvt Ltd to return to the fold.

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