SpiceJet board to consider fundraising proposal on November 18
In recent times, SpiceJet has been facing significant financial and operational headwinds. It has also curtailed flights.
- ✓In recent times, SpiceJet has been facing significant financial and operational headwinds.
- ✓Budget carrier SpiceJet on Friday said its board will consider a proposal for raising fresh funds on November 18.
- ✓The airline's domestic market share dropped to 0.6 per cent in September from 1.2 per cent in August, according to the latest DGCA data.
Budget carrier SpiceJet on Friday said its board will consider a proposal for raising fresh funds on November 18. Also Read | DGCA carrying out scrutiny of SpiceJet: Minister SpiceJet said its board would meet on November 18 to consider and approve the proposal for raising fresh capital.
Also Read | ₹35.85 crore">Dubai airport operator stops SpiceJet check-in over non-payment of around ₹35.85 crore The fresh capital could be raised "by way of issuance of equity shares, preference shares, debt securities and/or other permissible instruments, through preferential issue, qualified institutions placement or any other mode," it said in a regulatory filing.
Also Read | SpiceJet crisis: Understanding flight cancellations, passenger rights Shares of the company rose nearly 5 per cent to ₹8.67 apiece in late afternoon trade on the BSE. The airline's domestic market share dropped to 0.6 per cent in September from 1.2 per cent in August, according to the latest DGCA data.
- •Aspirants and citizens are advised to monitor official notices and circulars issued by Hindustan Times India.
- •Verify all prescribed eligibility criteria, cutoff dates, and authenticated document requirements prior to formal submissions.
- •Track connected examination timetables, vacancy advisories, and administrative gazettes on SuchnaSetu.
| Issuing Authority | Hindustan Times India |
|---|---|
| Topic Category | BUSINESS |
| Jurisdiction | All India / National |
| Publication Date | 13 November 2026 |