HomeTravelSpiceJet concludes first spherical of capital injection, raises INR 744 crore

SpiceJet concludes first spherical of capital injection, raises INR 744 crore

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In a major transfer, the Firm’s Board of Administrators, in its assembly on January 25, 2024, sanctioned the allocation of 5.55 crore fairness shares to 54 subscribers. Moreover, the Board greenlit the allotment of 9.33 crore warrants, providing the choice for equal fairness share acquisition, to Elara India Alternatives Fund and Silver Stallion.

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