Cleared all GST dues, says SpiceJet

 In a launch, the service mentioned it has cleared all of the GST dues. File.
| Picture Credit score: Reuters

Debt-ridden SpiceJet on Friday (September 27, 2024) mentioned it has cleared all its Items and Providers Tax (GST) dues.

The airline, which raised ₹3,000 crore by way of the Certified Institutional Placement (QIP) route final week, had GST dues value over ₹145 crore.

In a launch, the service mentioned it has cleared all of the GST dues.

As per the preliminary placement doc associated to ₹3,000 crore fund increase, the airline had GST dues of ₹145.1 crore as on September 15.

After receiving the recent capital of ₹3,000 crore, SpiceJet has additionally cleared wage dues of staff for July and August as properly a part of pending June salaries.

Shares of the corporate rose round 1% to ₹62.39 apiece within the morning commerce on BSE.