Crisis-hit SpiceJet’s board of directors will continue to discuss fundraising plans on Tuesday after it could only partially complete the agenda items on Monday.
On Monday, the no-frills airline’s shares touched a 52-week high and ended with more than 10 per cent gains on the BSE as investors were enthused by funding plans and the proposal to list the company’s securities on the National Stock Exchange (NSE).
In an evening filing to the BSE, SpiceJet said its board on Monday “could only partially complete the agenda items and the meeting has now been adjourned to December 12, 2023 (Tuesday)”.
