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SpiceJet raises additional Rs 316 crore; stock jumps 8%

The stock today surged 7.66 per cent to hit a day high of Rs 70.60 over its previous close of Rs 65.58.

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Cash-strapped SpiceJet raises Rs 316 crore as part of funding plan

Budget carrier SpiceJet raised Rs 1,060 crore through its preferential issue, with investors including Aries Opportunities Fund Ltd. and Elara India Opportunities Fund Ltd. The funding will help the airline induct fresh capacity, reduce liabilities, and lower the cost of capital. ....

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SpiceJet raises additional ₹316 crore; stock surges - The Hindu BusinessLine

SpiceJet raises additional ₹316 crore; stock surges - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Ajay Singh , Aries Opportunities Fund Ltd , Elara India Opportunities Fund Ltd , Aries Opportunities Fund , Elara India Opportunities Fund , Managing Director ,