Spicejet likely to receive around Rs 225 crore next week as part of ECLGS
Budget carrier SpiceJet NSE 0.67 % is likely to receive around Rs 225 crore next week as a part of the Emergency Credit Line Guarantee Scheme (ECLGS), ETNow reported citing sources.
The funds will be used to clear statutory dues and lessor payments, the report said. SpiceJet had applied for ₹280 crore loans under the ECLGS, ET had reported earlier.
