SpiceJet Explores Options for Fresh Capital Infusion: Board Considers Equity Share Issuance

Facing financial challenges over several quarters, SpiceJet, the Indian airline carrier, has announced that its board is actively exploring avenues to raise fresh capital. The airline, grappling with a cash crunch, is considering the issuance of equity or convertible securities on a preferential basis. This move is aimed at addressing the financial strains the company […]