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Monday, Sep 05, 2005

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Spicejet okays preferential issue

Our Bureau

MUMBAI: The board of directors of Spicejet Ltd, at a meeting held on September 2, approved the preferential issue of equity shares subject to shareholders' approval and other requisite compliance with the applicable laws and regulations.

The company has informed the Bombay Stock Exchange of the decision taken by the board of directors at its meeting held on September 2.

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