Spicejet said on Friday it was not aware of any change in investment strategy by Dubai World's Istithmar, which owns 13% of the low-cost carrier.
Istithmar is an alternative investment house that is fully owned by Dubai World.
Spicejet shares were down 4.3% at Rs45.20, having fallen as much as 7.7% earlier. The main Mumbai index was down 1.4%.
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