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SpiceJet cuts ₹442-cr debt after allotting shares to Carlyle

Financial Express Mumbai

|

November 20, 2025

SPICEJET ON WEDNESDAY said it has completed the allotment of equity shares to global aircraft leasing and financing firm Carlyle Aviation Partners, a move that has helped the airline reduce its liabilities by ₹442.25 crore and strengthen its longterm financial position.

- NITIN KUMAR

The airline's allotment committee approved the issuance of 104.1 million equity shares of face value 10 each at an issue price of 42.32 per share, including a premium of ₹32.32, on a preferential basis under the 3 e non-promoter

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