Spicejet to consider raising fresh capital

Reuters Updated - February 21, 2023 at 11:24 AM.

The airline said it will also consider issuing shares on a preferential basis

PTI

Indian budget airline Spicejet Ltd said on Tuesday it will consider options to raise fresh capital by issuing securities to qualified institutional buyers.

The airline said it will also, when its board meets on February 24, consider issuing shares on a preferential basis after converting outstanding liabilities into equity shares.

Published on February 21, 2023 05:54

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