25-Nov-2014 9:06 AM
Spicejet Ltd reply to clarification sought by the exchange
Direct News Source
Spicejet Ltd has replied stating that "We wish to clarify that a few parties have approached us and evinced interest in making investments into SpiceJet Limited (the "Company"), as the Company has been exploring various options for raising fresh capital. However, since the deliberations with such prospective investors are at an exploratory and preliminary stage it will be improper to comment on the specifics of any possible stake sale or the valuation of the Company at this stage.
The Company shall be providing relevant information to BSE at appropriate time in accordance with Clause 36 of the listing agreement."