In a strategic move to bolster SpiceJet s financial position and spur growth, Mumbai-based businessman Harihara Mahapatra and his wife Preeti have announced a substantial investment of Rs 1,100 crore in the airline. The acquisition secures the couple a 19 per cent stake in SpiceJet, as revealed in a stock exchange filing by the airline.
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 Raising of over INR 2,250 Crore through Issue of Equity/Equity Warrants finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
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.