AIIL invokes SpiceJet pledge, acquires 6.80% stake, sells 6 crore shares

Pledge InvokedOwnership Changes View source PDF Explain this filing

AIIL · price

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Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹488.95

prior close

₹490.00

announcement price

After-mkt

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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-1.1%-0.4% vs market

Non Banking Financial Company (NBFC) peers, median of 206sector-0.6%-0.9% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Midcap 150 and 0.9 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-1.5-1.1-0.4-0.6-0.9

Next day

-7.3-2.8-4.5-3.3-4.0

-12.5-4.9-7.6-4.3-8.2

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-11.7-4.1-7.7-3.6-8.2

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-7.6-5.6-1.9-5.0-2.6

15d

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+0.4+3.6-3.2-1.2+1.7

UpDownMarket · Nifty Midcap 150Sector · Non Banking Financial Company (NBFC) peers, median of 206Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Authum Investment and Infrastructure (AIIL) acquired 10.37 crore equity shares of SpiceJet, about 6.80% of paid-up capital, by invoking a pledge on February 25, 2026. The shares were pledged by SpiceJet promoter Mr. Ajay Singh to secure dues of Spice Healthcare. No cash was paid. AIIL has sold 6 crore of these shares and retains 4.37 crore shares (about 2.86%) as continuing security.

Likely market impact

AIIL gains about 6.80% SpiceJet exposure at zero cost via pledge invocation; negative for SpiceJet promoter.