SpiceJet to raise funds of up to Rs 2,500 crore to strengthen balance sheet: Ajay Singh

Ajay Singh, Chairman & MD, SpiceJet said that SpiceJet has decided to raise funds of up to Rs 2,500 crore. “To ensure our long term growth and sustainable operation we have decided to raise funds, these funds will be used to significantly strengthen our balance sheet,” he said. The airline has reported a net loss of Rs 998.3 Crore in FY2021.

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