{"id":621632,"date":"2023-12-08T09:38:57","date_gmt":"2023-12-08T04:08:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=621632"},"modified":"2023-12-08T10:03:52","modified_gmt":"2023-12-08T04:33:52","slug":"spicejet-board-considering-raising-fresh-capital-by-issuing-equity-shares","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-board-considering-raising-fresh-capital-by-issuing-equity-shares\/","title":{"rendered":"SpiceJet board considering raising fresh capital by issuing equity shares"},"content":{"rendered":"<p>SpiceJet, which has been grappling with a cash crunch for several quarters, announced on Thursday that its board is considering options for raising fresh capital through the issuance of equity or convertible securities on a preferential basis. <\/p>\n<p>Last month, SpiceJet informed the Delhi High Court (HC) that it was \u201cstruggling to stay afloat\u201d after the court mandated the airline to make a payment to its former owner, Kalanithi Maran, for outstanding dues. <\/p>\n<p>The airline argued in court that compelling it to make a cash payment would adversely impact the involved parties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceJet, which has been grappling with a cash crunch for several quarters, announced on Thursday that its board is considering options for raising fresh capital through the issuance of equity or convertible securities on a preferential basis. Last month, SpiceJet informed the Delhi High Court (HC) that it was \u201cstruggling to stay afloat\u201d after the court mandated the airline to make a payment to its former owner, Kalanithi Maran, for outstanding dues. The airline argued in court that compelling it to make a cash payment would adversely impact the involved parties.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-621632","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=621632"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621632\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=621632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=621632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=621632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}