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Company updateEconomic Times

SpiceJet board to meet on Nov 18 for capital raise

Negative-383 sources

GreyOak summary

SpiceJet's Board of Directors is scheduled to meet on November 18, 2026, to consider a proposal for raising fresh capital through equity, preference shares, or debt. The airline faces financial challenges and legal disputes, including a recent Delhi High Court dismissal regarding a Rs 144.51 crore deposit. Trading windows remain closed pending the board's decision.

What it affects

  • SPICEJETNegative -38

    Board to consider fresh capital raising proposal.Rolling sentiment Negative -44

Source

Read the original at Economic Times

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