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SpiceJet receives shareholders' nod to raise Rs 2.5K cr via QIP
TIWN
SpiceJet receives shareholders' nod to raise Rs 2.5K cr via QIP
PHOTO : TIWN

New Delhi, Sep 23 (TIWN) Budget airline SpiceJet has received shareholders' nod to raise Rs 2,500 crore through issuance of shares under a QIP.

In financial parlance, eligible securities are issued through a Qualified Institutions Placement or QIP to raise funds.

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