Corporate News     15-Jan-24
SpiceJet set to raise Rs 2242 cr via preferential issue of shares and warrants
SpiceJet has received in]principle approval from the Bombay Stock Exchange (BSE) for the issuance of equity shares and warrants convertible into equity shares on a preferential basis. This approval marks a significant milestone for the company and paves the way for a new fund infusion of Rs 2242 crore.

The in]principle approval from BSE allows SpiceJet to proceed with the process of fund infusion, providing the airline with the necessary financial impetus for its growth initiatives. The approval comes on the heels of SpiceJetʹs successful 39th Annual General Meeting (AGM) held on January 10, where the members overwhelmingly approved the proposal for a fund infusion of Rs 2242 crore.

Previous News
  NCLT rejects Wilmington Trust's insolvency petition against SpiceJet
 ( Corporate News - 30-Jan-24   10:00 )
  SpiceJet to complete payment obligation of Rs 100 cr to Kal Airways
 ( Corporate News - 12-Sep-23   11:18 )
  Board of SpiceJet approves settlement with aircraft lessor Castlelake
 ( Corporate News - 27-Feb-23   12:45 )
  Board of SpiceJet approves fund raising up to Rs 2500 cr via QIP
 ( Corporate News - 27-Feb-23   12:44 )
  SpiceJet gains as board approves raising Rs 2,500 cr via QIP, slump sale of cargo biz
 ( Hot Pursuit - 27-Feb-23   13:10 )
  SpiceJet achieves highest safety ranking in ICAO audit
 ( Corporate News - 05-Dec-22   12:06 )
  SpiceJet Ltd Spurts 6.04%
 ( Hot Pursuit - 05-Sep-23   09:30 )
  SpiceJet reports consolidated net loss of Rs 570.56 crore in the September 2021 quarter
 ( Results - Announcements 13-Nov-21   08:09 )
  SpiceJet reports consolidated net loss of Rs 816.25 crore in the March 2020 quarter
 ( Results - Announcements 29-Jul-20   16:13 )
  SpiceJet reports consolidated net loss of Rs 783.73 crore in the June 2022 quarter
 ( Results - Announcements 01-Sep-22   09:55 )
  SpiceJet tumbles as loss soars, CFO quits
 ( Hot Pursuit - 01-Sep-22   10:15 )
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