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SpiceXpress to be hived off from SpiceJet by first week of Aug: CMD Ajay Singh

While talking to PTI last week, Singh said, “We have got the shareholders’ approval for that (hiving off SpiceXpress from SpiceJet). We have got the approval from our banks to do that. I think in the last phase…we should be done by the first week of next month.”

“It will be a separate company called SpiceXpress. It will be owned by SpiceJet but it will be a separate company,” he added.

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