On December 12, the company approved raising fresh capital amounting to ₹2,241.5 crore, aimed at fortifying its financial standing and facilitating investments in growth initiatives.
Shailendra Ajmera, the resolution professional (RP), who is overseeing the airline’s resolution process, has reportedly received interest from three parties SpiceJet, SkyOne a Sharjah-based aviation firm and Africa-focussed Safrik Investments
SpiceJet board approves fundraising of INR 2,250 through issues of equity shares, warrants travelbizmonitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from travelbizmonitor.com Daily Mail and Mail on Sunday newspapers.
The board of directors of SpiceJet has approved a proposal to raise around Rs2,250 crore, through the issuance of equity shares/equity warrants under a private placement basis to various investors.