Who bought Kingfisher Airlines shares?
Table of Contents
- 1 Who bought Kingfisher Airlines shares?
- 2 What is the share price of Kingfisher Airlines?
- 3 What were the causes of downfall of Kingfisher Airlines?
- 4 Did you sell your shares in Kingfisher Airlines?
- 5 Why was Kingfisher Airlines stock suspended on December 1?
- 6 What day of the week are Kingfisher shares traded?
ED had handed over shares to consortium The State Bank of India-led consortium on Friday realised ₹792.11 crore by sale of shares in the now defunct Kingfisher Airlines in the Vijay Mallya case. The Enforcement Directorate (ED) had handed over the shares to the consortium.
Kingfisher Airlines Ltd. LIVE on BSE
| Volume | Prev close | Day’s H/L (Rs.) |
|---|---|---|
| 1,906,866 | 1.32 | 1.38 – 1.26 |
Was Kingfisher Airlines publicly traded?
Kingfisher was suspended from trading by stock exchanges for violation of listing agreement including non-disclosure of shareholding pattern or results.
What were the causes of downfall of Kingfisher Airlines?
“The business (of Kingfisher Airlines) failed due to high fuel prices, due to adverse government policies by taxation and of course the failure of aviation engines,” he said in a video message to shareholders here at the 100th Annual General Meeting of United Breweries Holding Limited (UBHL).
The entire promoter shareholding (8.54 per cent) of Kingfisher Airlines has also been frozen. If you did not sell your shares in the company, hoping for a revival, read on. 1) Trading in Kingfisher Airlines was suspended on December 1 for violation of listing rules of the stock exchanges.
When will the first trading window for Kingfisher Airlines Open?
The first trading window for Kingfisher Airlines under trade-for-trade window will be on December 16. 7) Prior to suspension, Kingfisher Airlines was among the most traded shares on the exchanges.
Why was Kingfisher Airlines stock suspended on December 1?
1) Trading in Kingfisher Airlines was suspended on December 1 for violation of listing rules of the stock exchanges. According to rules, if a company fails to report its earnings for two consecutive quarters, its shares have to be suspended from trading.
Kingfisher shares are actively traded every Monday — the only day in the week when the stock is allowed to be transacted. Kingfisher was suspended from trading by stock exchanges for violation of listing agreement including non-disclosure of shareholding pattern or results.