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SpiceJet share price plunges nearly 10% on two senior executives resignations
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₹60.57 apiece on BSE. The stock touched an intraday low of ₹54.60 and a high of ₹60.58 apiece.
SpiceJet has lost two top executives months after it came to light that an aviation firm operated under the identities of their spouses. Sources told Mint of the resignations.
"They were asked to resign. It was unacceptable that the top executives of an airline were entering the same business via their spouses.
Chief Operating Officer Arun Kashyap submitted his resignation a month ago. It has also been some time since Chief Commercial Officer Shilpa Bhatia put in her papers," one of the sources told Mint.
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