SEBI exempts Spice Healthcare from open offer requirement for SpiceJet shares – The Financial Express

SEBI has granted Spice Healthcare an exemption from the open offer requirement for SpiceJet shares. This decision was made by the Securities and Exchange Board of India, allowing Spice Healthcare to acquire shares in SpiceJet without having to make an open offer to the public. The exemption was granted based on certain conditions set by SEBI. This move will have implications for both companies involved and is expected to have an impact on the market.