SpiceJet considers fund raising via QIP - Check Details
In January this year, SpiceJet received in-principle approval from the BSE for a fund infusion of Rs 2,242-crore and raised Rs 1,060 crore under preferential issue in two tranches.
![SpiceJet considers fund raising via QIP - Check Details](https://cdn.zeebiz.com/sites/default/files/2024/07/19/305687-flight-7764893960720.jpg?im=FitAndFill=(1200,900))
The airline has been struggling to keep afloat for many quarters now and has reportedly not deposited the Employee Provident Fund Contributions to its 11,581 staff since January. Image source | Pixabay/Representational