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AAccess to JusticeFundamental right of Access to Justice - Abolition of OAT does not violate right of access to justice as cases will be heard by High Court - The fundamental right of access to...
The low-cost carrier is looking to raise Rs 1,591 crore in the first tranche, which is expected to be done by June 2024. In the second tranche, the airline will raise Rs 650 crore and is expected to complete the process by June 2025.
In an exchange filing on Tuesday, the airline said Harihara Mahapatra and Preeti Mahapatra, who are promoters of the Mumbai-based group Mahapatra Universal Limited, will hold more than 21 stake in the airline.
Shares of SpiceJet jumped nearly 8% to hit a fresh 52-week high of Rs 69.20 on Tuesday
Go First stopped its operations on May 3 this year amid financial woes mainly triggered by Pratt & Whitney engine issues.