SpiceJet promoter Ajay Singh to infuse Rs 500cr into airline ...Middle East

News by : (The Times of India) -
SpiceJet promoter Ajay Singh has decided to infuse Rs. 500 crore into SpiceJet by way of subscribing fresh equity shares and/or convertible instruments. The infusion of fresh capital will substantially strengthen the company’s financial position and is a powerful vote of confidence in its future and long-term viability. It marks a pivotal moment in SpiceJet’s journey towards sustained growth and long-term success.

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