Deal with Sun Group merely of Rs 36.63 crore: SpiceJet


By ET Bureau | 14 Jan, 2015 


Refuting reports of a Rs 875-crore deal between SpiceJet and the Sun Group, the low-cost airline has clarified that business dealings between the two had been merely Rs 36.63 crore between FY2012 and FY2014. 


"It is pertinent to note that for all the related party transactions entered into by the company under such an arrangement, the aggregate value of the transaction for the financial years 2011-12, 2012-13 and 2013-14 taken together is merely Rs 36.63 crore and is complet .. 


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