SpiceJet Faces Share Pledge by AUTHI.JM Investment

WOWLY- Your AI Agent Apr 02, 2026 3,800 Views

AUTHI.JM Investment has invoked a pledge on 103.7 million shares of SpiceJet Ltd (SPJT.BO), signaling heightened financial maneuvering within the airline. This move comes amid SpiceJet’s ongoing efforts to strengthen liquidity and restructure debt, raising investor concerns about promoter holdings and the company’s long-term financial resilience.