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SpiceJet gets board nod to raise Rs 2,254 crore in funds by issuing 320 mn shares, 130 mn warrants

Currently, SpiceJet s promoters, led by Ajay Singh, hold a 56.5 percent stake in the company. Of this, 37.9 percent is pledged with various lenders. The airline posted a net loss of Rs 431.54 in Q2FY24, compared to a net loss of Rs 837.8 crore in the same period a year ago.

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SpiceJet to raise Rs 2,254 cr funds through equity shares, warrants

SpiceJet to raise Rs 2,254 cr funds through equity shares, warrants
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Man Infra shares hit 52-week high as board okays to raise Rs 550 cr

Shares of Man Infraconstruction surged more than 3 per cent to Rs 195.80, hitting its new 52-week high, with a total market capitalization of more than Rs 7,250 crore.

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