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Company updateFinancial Express

SpiceJet board to consider fresh capital raise proposal

Negative-394 sources

GreyOak summary

SpiceJet's board will meet on November 18, 2026, to consider a proposal for raising fresh capital via equity, preference shares, or debt. The airline faces financial pressure and a legal dispute with Kalanithi Maran, where the Delhi High Court rejected its request for an extension to deposit Rs 144.51 crore. Trading windows remain closed pending the board's decision.

What it affects

  • SPICEJETNegative -39

    Board to consider fresh capital raiseRolling sentiment Negative -48

Source

Read the original at Financial Express

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