SpiceJet has revealed it failed to pay Rs 2,200 crore in TDS deducted from employees' salaries and Rs 1,353 crore in PF from ...
Through the QIP, the struggling carrier is aiming to raise funds by selling shares to eligible institutional participants.
SpiceJet has set a floor price of Rs 64.79 per share for the sale of securities to qualified institutional buyers through ...
Mumbai: Budget airline SpiceJet announced on Tuesday that it failed to pay statutory dues amounting to Rs 427 crore between ...
SpiceJet Kicks Off Share Offering To Institutional Investors is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
The debt-ridden airline had earlier revealed plans to raise ₹2,500 crore through a qualified institutional placement (QIP) ...
SpiceJet management has the discretion to adjust the funding requirements and deployment schedule based on market conditions, ...
The company has not officially announced the QIP size but said the board has approved raising of up to ₹3,000 crore.
SpiceJet shares dropped nearly 3 percent after a profit booking spree, following its recent rally driven by a Rs 3,000 crore ...
The airline has been making efforts to infuse funds to get more aircraft off the ground as well as to reduce the debt ...
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SpiceJet aims to raise up to Rs 3,000 crore through a qualified institutional buyers (QIB) issue. The floor price has been ...