SEBI exempts SpiceJet promoter from making open offer to airline’s shareholders
Article Summary
-NSE
The Securities and Exchange Board of India (SEBI) has granted SpiceJet’s promoter exemption from the obligation to make an open offer to the airline’s shareholders in relation to the acquisition of additional shares, the firm said in an exchange filing on September 14.On conversion of warrants that were issued to it, the promoter...