SEBI Grants Major Exemption to SpiceJet Promoter—No Open Offer for Shareholders!
Spice Healthcare is exempt from making an open offer to SpiceJet shareholders by the Securities and Exchange Board of India (SEBI). The airline stated in a filing to the BSE on Saturday that this exemption relates to Spice Healthcare’s purchase of extra shares in SpiceJet through the conversion of warrants. In order to increase its … Read more
