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SpiceJet board to consider fresh fundraising proposal on November 18
Budget carrier SpiceJet on Friday said its board will consider a proposal for raising fresh funds on November 18. In recent times, the airline has been facing significant financial and operational headwinds. It has also curtailed flights. SpiceJet said its board would meet on November 18 to consider and approve the proposal for raising fresh capital. The fresh capital could be raised "by way of issuance of equity shares, preference shares, debt securities and/or other permissible instruments, t…
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