Spicejet employees heaved a sigh of relief, the airline company paid full salary till August

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Spicejet employees heaved a sigh of relief, the airline company paid full salary till August
SpiceJet paid outstanding salary to employees

Many Employees of SpiceJet, an Indian airline company facing many problems, have heaved a sigh of relief. Yes, SpiceJet has paid the pending salary to its employees. The company has paid all the pending salaries of its employees after receiving new capital of Rs 3,000 crore. A source has given this information.

The salary of the employees was pending since June

The source said that apart from the July and August salary of all SpiceJet employees, the salary of those employees who were given half salary for June has also been transferred to their bank accounts. A SpiceJet spokesperson has confirmed the payment of pending salaries of the employees.

Employees have not received provident fund for the last two and a half years

The company spokesperson said on Thursday, without giving any detailed information in this matter, “The pending salary has been paid to the employees on Wednesday evening.” Let us tell you that this Indian airline company has not paid the Provident Fund for the last two and a half years, while the TDS (tax deduction at source) deducted every month from the salary of the employees has also not been deposited with the government.

The company had announced to raise Rs 3000 crore on 23 September

Let us tell you that on September 23, airline company SpiceJet had announced to raise Rs 3,000 crore through qualified institutional placement (QIP) and an additional Rs 736 crore in the last financing cycle. This further boosted the company’s financial stability and growth plans.

The price of the company’s shares fell again on Thursday

Despite a good rise in the stock market on Thursday, the company’s shares saw a decline. On Thursday, SpiceJet shares closed at Rs 61.84, down by Rs 0.54 (0.87%). Let us tell you that the 52-week high of SpiceJet shares is Rs 79.90 and the 52-week low is Rs 34.00. According to BSE, the company’s current market cap is Rs 7,925.94 crore.

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