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SpiceJet raises additional Rs 316 crore; stock jumps 8%

The stock today surged 7.66 per cent to hit a day high of Rs 70.60 over its previous close of Rs 65.58.

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Cash-strapped SpiceJet raises Rs 316 crore as part of funding plan

Budget carrier SpiceJet raised Rs 1,060 crore through its preferential issue, with investors including Aries Opportunities Fund Ltd. and Elara India Opportunities Fund Ltd. The funding will help the airline induct fresh capacity, reduce liabilities, and lower the cost of capital.

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SpiceJet raises additional ₹316 crore; stock surges - The Hindu BusinessLine

SpiceJet raises additional ₹316 crore; stock surges - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Ajay singhAries opportunities fund ltdElara india opportunities fund ltdAries opportunities fundElara india opportunities fundManaging director

SpiceJet allots shares and warrants worth Rs 744 cr in first tranche of preferential issue

The decision was taken by the company's Board of Directors on Thursday, marking a significant step in bolstering SpiceJet's financial position.

Ajay singhElara india opportunities fund ltdSilver stallion ltdSilver stallionJet chairmanManaging director ajay singh

SpiceJet Allots Rs 744 Crore in Shares and Warrants in First Tranche of Preferential Issue

In a significant move to strengthen SpiceJets financial standing , the companys Board of Directors has.

Ajay singhSilver stallion ltdElara india opportunities fund ltdSilver stallionManaging directorEquity shares

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