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Spicejet informs about outcome of board meeting

27 Jan 2024 Evaluate
Spicejet has informed that the Board of Directors of the Company at its meeting held on January 25, 2024, has, considered and approved following items: Allotment of first tranche of 5,55,00,000 equity shares of the face value of Rs.10 each at an issue price of Rs.50 each on preferential basis to persons mentioned in ‘Annexure-A’ attached under non-promoter category; Allotment of first tranche of 9,33,00,000 warrants, having option to apply for and be allotted equivalent number of equity shares of the face value of Rs 10 each at an issue price of Rs.50 each on preferential basis to persons mentioned in ‘Annexure -B’ attached under non promoter category; Seek additional time from competent authority to allot further equity shares and warrants under the ongoing preferential issue as approved by the shareholders of the Company on January 10, 2024. A press release in this regard titled as ‘SpiceJet completes first tranche of capital infusion aggregating to Rs.744 crore’ is also attached.

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

SpiceJet Share Price

12.88 0.61 (4.97%)
13-Apr-2026 10:03 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4412.05
SpiceJet 12.88
Raymond 388.80
Global Vectra Helico 172.50
Taneja Aerospace 260.10
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