Disclosure under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018
Awaiting price reaction for this filing.
Jet Airways has informed stock exchanges that the company is currently under liquidation following an NCLT Mumbai Bench order dated November 26, 2024, under the Insolvency and Bankruptcy Code, 2016. Because liquidation proceedings are ongoing, the financial statements for FY 2023–24 and FY 2024–25 have not been finalised yet. The company has committed to making the required SEBI annual disclosures once the financials are prepared and signed. This is a procedural status update rather than any new development for investors.
Shareholders face continued uncertainty — with the company in liquidation, equity holders are unlikely to recover meaningful value, and any required financial disclosures will remain delayed until the liquidation process progresses.