SpiceXpress valued at INR 2,556 cr; SpiceJet shareholders approve spinoff
SpiceJet that transferred its cargo and logistics business to SpiceXpress in August has received shareholders? approval on slump sale basis valued at INR 2,555.77 crore. The consideration for the slump sale shall be discharged by SpiceXpress by issuance of its shares in favour of SpiceJet.
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