SpiceJet shares jump 5% as airline settles employee PF dues with funds from ₹3,000 crore QIP
SpiceJet announced the clearance of ₹160.07 crore in employee PF dues, funded by a ₹3,000 crore QIP. The airline resolved disputes with lessors and improved its financial standing, while its share price increased amid the announcement.
SpiceJet clears pending employee provident fund worth Rs 160 crore
MUMBAI: SpiceJet said on Friday that it has cleared all pending employee provident fund (PF) dues amounting to Rs 160.07 crore, spanning over two years. Over the past three months, since raising Rs 3,
SpiceJet says cleared Rs160 cr worth pending employee provident fund dues
The low-cost carrier, which has been facing multiple headwinds, recently raised Rs 3,000 crore, following which it has been clearing statutory, GST, and other dues.
SpiceJet clears all pending PF dues worth Rs 160 cr
SpiceJet has cleared all outstanding employee provident fund dues totaling Rs 160.07 crore. Using internal cash flows and funds from a recent QIP, the airline has also settled statutory liabilities and resolved disputes with lessors and creditors.
SpiceJet shares soar as the airline announces clearance of PF dues worth ₹160 crores
SpiceJet shares soared after clearing ₹160 crore in pending employee PF dues. The airline's financial turnaround strategy is paying off, improving its balance sheet and operational efficiency.
SpiceJet clears all pending employee provident fund dues
SpiceJet has said that since October 2024, the airline has utilised its internal cash flows to meet its statutory obligations, including PF and TDS payments.
Post-QIP success: SpiceJet clears Rs 160 crore employee PF dues and statutory liabilities
SpiceJet has enhanced its financial health and saved substantially on interest payments associated with overdue statutory dues.
SpiceJet says cleared ₹160 crore worth pending employee provident fund dues
SpiceJet on FridayOn Friday (December 13, 2024), SpiceJet said it cleared all employee provident fund (PF) dues worth ₹160.07 crore that were pending for over two years.
SpiceJet clears Rs 160.07 cr employee provident fund dues
SpiceJet has cleared Rs 160.07 Crore in pending employee provident fund (PF) dues accumulated over two years, along with other statutory liabilities like Tax Deducted at Source (TDS), Goods and Services Tax (GST),
SpiceJet Says Cleared Rs 160 Crore Worth Pending Employee PF Dues
SpiceJet on Friday said it has cleared all employee provident fund dues worth Rs 160.07 crore that was pending for over two years. The low-cost carrier, which has been facing multiple headwinds, recently raised Rs 3,
SpiceJet clears Rs 160 crore pending employee provident fund dues
SpiceJet on Friday said it has cleared all employee provident fund dues worth Rs 160.07 crore that were pending for over two years.
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SpiceJet shares at day's high as airline clears all pending employee PF dues worth Rs 160 crore
SpiceJet shares were trading at day's high on December 13 after the budget carrier announced that it had cleared all ...
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SpiceJet clears employee PF dues of Rs 160.07 cr
India, Dec. 13 -- New Delhi: SpiceJet has fully cleared its pending employee provident fund (PF) dues of Rs 160.07 crore, covering a period of two years, the airline said on Friday. Over the last ...
SpiceJet clears pending EPF dues to the tune of ₹160 crore
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