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What will happen to Akasa Airlines after the death of Rakesh Jhunjhunwala? how much are their shares

Rakesh Jhujhuwala Death: Rakesh Jhunjhunwala, who is considered to be the Big Bull of the stock market, has died today (on Sunday). Rakesh Jhunjhunwala breathed his last at the age of 62. Millions of people followed him on social media. Rakesh Jhunjhunwala was one of the rich people of India. Let us tell you that there is doubt about what will happen to Akasa Airlines, which is owned by Rakesh Jhunjhunwala, after his departure. It is worth noting that a week ago, on August 7, Akasa Airlines took its first flight. Let us know who has a stake in Akasa Airlines other than Rakesh Jhunjhunwala.

What was the answer to those who raised the question of Rakesh Jhunjhunwala?

Let us know that Rakesh Jhunjhunwala used to run a privately owned stock trading firm named Rare Enterprises. He was also the owner of Akasa Airlines, which took the first flight in the Indian skies earlier this month. Many people questioned why he planned to start an airline when aviation was not doing well, to which he replied, ‘I say I am ready for failure’.

Whose stake in Akasa Airlines?

According to the information, Rakesh Jhunjhunwala had about 40 percent shares in Akasa Airlines. At the same time, if his wife Rekha and their share are combined, then this figure reaches 45.97 percent. At the same time, Vinay Dubey has the largest stake in the second number Akasa Airlines. He holds about 16 per cent of the shares. Apart from this, Sanjay Dubey, Neeraj Dubey, Karthik Verma and Madhav Bhatkuli are also promoters of Akasa Airlines.

Akasa Airlines took the first flight a week ago

It is noteworthy that Akasa Airlines took the first flight in the Indian skies between the Mumbai-Ahmedabad route on 7 August, which was inaugurated by the Union Civil Aviation Minister Jyotiraditya Scindia. On July 22 itself, Akasa Airlines started booking tickets for its first commercial flights with an initial network in Ahmedabad, Bengaluru, Mumbai and Kochi.

Let us inform that in the month of July, Rakesh Jhunjhunwala-invested Akasa Airlines had obtained the Air Operator Certificate (AOC) from the Directorate General of Civil Aviation Regulatory (DGCA).

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