SpiceJet gets good response for share sale; statutory dues at over Rs 600 cr

  • Posted on September 19, 2024
  • By Business News Today
  • 2 Views
SpiceJet gets good response for share sale; statutory dues at over Rs 600 cr

SpiceJet, with statutory dues exceeding Rs 601 crore, has successfully oversubscribed its Rs 3,000 crore share sale to qualified institutional buyers. The funds will help the airline address financial and legal challenges, including clearing dues and settling liabilities with creditors and vendors.
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