Multiple choice

Which company invested Rs. 68 crore for 5% stake in Spice Jet?

  1. BNP Paribas Arbitrage Fund

  2. Cholamandlam DBS Capital

  3. Birla Sunlife Investment Serivices

  4. Unit Trust of India

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

BNP Paribas Arbitrage Fund invested Rs. 68 crore to acquire a 5% stake in SpiceJet, part of the airline's capital-raising efforts. This was a significant investment during SpiceJet's financial restructuring phase.