SpiceJet Secures Rs 3,000 Crore Funding Through QIP
SpiceJet has raised Rs 3,000 crore by selling shares to qualified institutional buyers. This funding, involving major foreign entities, will help the airline address financial liabilities. The allotment was made at Rs 61.
Spicejet QIP: Board Okays 48.7 Cr Share Allotment To Raise Rs 3,000 Cr
Struggling low-cost carrier SpiceJet on Saturday said its board has approved the issuance and allotment of 48.70 crore equit
SpiceJet’s Share Sale Said to Lure Tata Mutual Fund Among Others
SpiceJet Ltd.’s $358 million share sale attracted bids from several large investors including Tata Mutual Fund, people familiar with the matter said, providing a lifeline to the Indian airline that has furloughed staff and delayed tax payments.
SpiceJet QIP: Board approves issue of 48.7 crore share allotment at Rs 61.80 per share
SpiceJet announced on Saturday (Sept. 21) that its board has approved the issuance and allotment of 48,70,12,986 equity shares to qualified institutional buyers at a price of Rs 61.60 per share, which includes a premium of Rs 51.
SpiceJet to issue 48.7 crore shares for ₹3,000 crore QIP
QIP oversubscribed by Tata Mutual Fund, Discovery Fund. SpiceJet's ₹3,000 crore QIP has attracted significant investor interest, and was oversubscribed by key players such as Ta
SpiceJet QIP allotment: Board approves issue of 48.7 crore shares at issue price of Rs 61.60 per share
SpiceJet is grappling with multiple woes, including financial challenges, legal battles and grounding of aircraft
SpiceJet QIP gets good response from investors for Rs 3,000 crore share sale
SpiceJet, which has statutory dues of more than Rs 601 crore, has received a good response for its Rs 3,000 crore-worth sale of shares to qualified institutional buyers. Operating with a reduced fleet as well as facing financial and legal headwinds,
SpiceJet gets good response for share sale; statutory dues at over Rs 600 cr
SpiceJet raises Rs 3,000 cr from institutional investors
SpiceJet has raised Rs 3,000 crore through the sale of shares to qualified institutional buyers, including major foreign ...
SpiceJet faces setback as SC backs order to ground engines
The airline said while two engines were already grounded, arranging a stand to return the engines would take at least a month ...
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SpiceJet suffers another setback; Supreme Court asks the airline to ground three engines
SpiceJet faces another setback as the Supreme Court upholds the High Court order to return leased engines due to non-payment ...
SpiceJet approves 48.7 crore share issue for Rs 3,000 crore QIP at Rs 61.60 apiece
Low-cost airline SpiceJet on Saturday announced that its board has approved the issuance and allotment of about 48.71 ...
SC asks SpiceJet to return three engines to lessors
In a setback for SpiceJet, the Supreme Court on Friday in its order upheld the Delhi High Court’s decision and directed ...
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SC dismisses SpiceJet`s plea against Delhi HC order grounding 3 aircraft engines
The Supreme Court on Friday approved an order of the Delhi High Court which directed the low-cost airline SpiceJet to ground three aircraft engines due to non-payments to lessors, PTI reported.
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