• Home 1
  • Privacy Policy
LSD News
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
LSD News
No Result
View All Result
Home Stock

SpiceJet says sovereign wealth fund ADIA buys its shares from open market

by
March 4, 2024
in Stock
0
SpiceJet says sovereign wealth fund ADIA buys its shares from open market
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter



New Delhi: SpiceJet on Monday said Abu Dhabi‘s sovereign wealth fund ADIA has acquired shares of the airline from the open market. However, the carrier did not disclose specific details.

A source close to the airline said Abu Dhabi Investment Authority (ADIA) started buying shares in late February.

The no-frills carrier is facing multiple headwinds and is in the process of raising funds.

“ADIA has acquired shares of the airline from the open market,” a SpiceJet spokesperson said on Monday.

In recent weeks, the carrier has raised a total of Rs 1,060 crore through preferential issuance of securities.

On December 12, the airline had said it would raise fresh capital of Rs 2,250 crore. Shares of SpiceJet declined 1.50 per cent to Rs 62.58 apiece on BSE.

As of February 21, 2024, public shareholders, including Foreign Portfolio Investors (FPIs), held 51.51 per cent stake in the carrier, according to stock exchange data.

Tags: Abu DhabiADIAbuysFundMarketopensharessovereignsovereign wealth fundspicejetSpiceJet share pricespicejet stock targetWealth
Previous Post

Trump wins Colorado ballot disqualification case at US Supreme Court

Next Post

US Drops Emergency Survey Of Bitcoin Mining Amid Legal Tussle – Details

Next Post
US Drops Emergency Survey Of Bitcoin Mining Amid Legal Tussle – Details

US Drops Emergency Survey Of Bitcoin Mining Amid Legal Tussle - Details

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 139 Followers
  • 205k Subscribers
  • 23.9k Followers
  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Hawaii officials work to address mental health challenges facing wildfire survivors

Hawaii officials work to address mental health challenges facing wildfire survivors

August 17, 2023
Wegovy heart health data is promising — but insurers face long road, high cost to cover obesity drugs

Wegovy heart health data is promising — but insurers face long road, high cost to cover obesity drugs

August 10, 2023
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

July 16, 2023
Working-age Americans are struggling to pay for health care, even those with insurance, report finds

Working-age Americans are struggling to pay for health care, even those with insurance, report finds

October 28, 2023
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

5
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

5
Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

3
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

1
360 One WAM shares slide over 5% despite Sebi nod for Credit Suisse India Business

360 One WAM shares slide over 5% despite Sebi nod for Credit Suisse India Business

July 8, 2025
Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments

July 8, 2025
Ethereum Daily Chart Signals Strength As Bulls Reclaim Momentum | Bitcoinist.com

Ethereum Daily Chart Signals Strength As Bulls Reclaim Momentum | Bitcoinist.com

July 8, 2025
Abdul Wazeeth takes oath as SLMC National List MP

Abdul Wazeeth takes oath as SLMC National List MP

July 8, 2025

Recent News

360 One WAM shares slide over 5% despite Sebi nod for Credit Suisse India Business

360 One WAM shares slide over 5% despite Sebi nod for Credit Suisse India Business

July 8, 2025
Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments

July 8, 2025
Ethereum Daily Chart Signals Strength As Bulls Reclaim Momentum | Bitcoinist.com

Ethereum Daily Chart Signals Strength As Bulls Reclaim Momentum | Bitcoinist.com

July 8, 2025
Abdul Wazeeth takes oath as SLMC National List MP

Abdul Wazeeth takes oath as SLMC National List MP

July 8, 2025

We bring the latest news from all over the world and get all time updated you

Follow Us

Browse by Category

  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
  • Uncategorized

Recent News

360 One WAM shares slide over 5% despite Sebi nod for Credit Suisse India Business

360 One WAM shares slide over 5% despite Sebi nod for Credit Suisse India Business

July 8, 2025
Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments

July 8, 2025
No Result
View All Result
  • Home 1
  • Privacy Policy

© 2024 LSD News title="Jegtheme">Jegtheme.