SpiceJet approves 48.7 crore share issue for Rs 3,000 crore QIP at Rs 61.60 apiece

Low-cost airline SpiceJet on Saturday announced that its board has approved the issuance and allotment of about 48.71 equity shares to eligible qualified institutional buyers to raise Rs 3,000 crore at an issue price of Rs 61.60 apiece. The issue price includes a premium of Rs 51.60 per unit and a discount of Rs 3.19 … Read more

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