SpiceJet’s board has approved issuing 48.7 crore equity shares to institutional investors, raising nearly ₹3,000 crore. The funds will aid in settling statutory dues and creditor liabilities amidst the airline’s financial struggles.
SpiceJet’s board has approved issuing 48.7 crore equity shares to institutional investors, raising nearly ₹3,000 crore. The funds will aid in settling statutory dues and creditor liabilities amidst the airline’s financial struggles.