India: SpiceJet board to discuss various fundraising options

Visual from SpiceJet website

The board of directors of no-frills carrier SpiceJet Limited will meet on Wednesday to discuss various options of raising fresh capital, the airline said in a stock exchange notification.

“This is to inform you that that the Board of Directors of the Company in its meeting scheduled on Wednesday, the 30th day of June, 2021, will discuss and consider, interalia, options for raising fresh capital through issue of equity shares/debt instrument on preferential/qualified institutions placement basis….,” the airline said.

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