SpiceJet Chairman Ajay Singh pays â¹2 lakh in SEBI case
SpiceJet Chairman Ajay Singh has settled proceedings against him by regulator SEBI into alleged disclosure lapses in his purchase of shares in the airline. Singh paid â¹2 lakh towards settlement charges under SEBI regulations that allow settling pending proceedings without admission or denial of any wrongdoing. SEBI had initiated its probe after it found Singh failed to make required disclosures.