Business Standard

Saturday, December 21, 2024 | 07:54 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Board of SpiceJet to consider preferential issue of shares and fund raising

Image

Capital Market

On 24 February 2023

The Board of SpiceJet will meet on 24 February 2023 to consider issuance of equity shares on preferential basis consequent upon conversion of outstanding liabilities into equity shares of the Company, subject to applicable regulatory approvals.

Further, the Board of Directors will also discuss and consider options for raising fresh capital through issue of eligible securities to qualified institutional buyers, subject to applicable regulatory approvals.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 21 2023 | 10:51 AM IST

Explore News Home