<p>Mumbai: No-frills carrier SpiceJet on Thursday said its board of directors will meet on December 11, to consider various options to raise fresh funds on preferential basis.</p>.<p>The announcement comes amid reports that SpiceJet promoter Ajay Singh was in discussions with a bunch of global private credit funds to raise up to Rs 830 crore ($100 million).</p>.SpiceJet, aircraft lessor Celestial Aviation exploring settlement.<p>"… The board of directors of the company in its meeting scheduled on December 11, 2023 will discuss and consider, inter-alia, options for raising fresh capital through issue of equity shares and/or convertible securities on preferential basis …," SpiceJet said in a regulatory filing.</p>.<p>It also said that the proposals considered will be subjected to "approval of the shareholders of the company and receipt of applicable regulatory approvals."</p>
<p>Mumbai: No-frills carrier SpiceJet on Thursday said its board of directors will meet on December 11, to consider various options to raise fresh funds on preferential basis.</p>.<p>The announcement comes amid reports that SpiceJet promoter Ajay Singh was in discussions with a bunch of global private credit funds to raise up to Rs 830 crore ($100 million).</p>.SpiceJet, aircraft lessor Celestial Aviation exploring settlement.<p>"… The board of directors of the company in its meeting scheduled on December 11, 2023 will discuss and consider, inter-alia, options for raising fresh capital through issue of equity shares and/or convertible securities on preferential basis …," SpiceJet said in a regulatory filing.</p>.<p>It also said that the proposals considered will be subjected to "approval of the shareholders of the company and receipt of applicable regulatory approvals."</p>