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SpiceJet informs about update on board meeting

21 Feb 2023 Evaluate

SpiceJet that the Board of Directors of the Company in its meeting scheduled to be held on February 24, 2023 (Friday), will discuss and 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.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Interglobe Aviation 4899.10
SpiceJet 8.49
Raymond 978.05
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