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SpiceJet said on Tuesday that its shareholders have given their approval to a proposal of raising funds worth up to Rs 5,000 crore.
It said in a regulatory filing that the shareholders at the company’s 31st Annual General Meeting, also approved the appointment of promoter Ajay Singh and his wife Shivani Singh as directors.
The shareholders also approved the appointment of R Sasiprabhu as an Independent Director of the Company, it added.
