Jet Airways (India) Limited has informed the Exchange about General Updates
Awaiting price reaction for this filing.
Jet Airways has informed the stock exchanges that it is currently under liquidation following an NCLT Mumbai Bench order dated 26 November 2024 under the Insolvency and Bankruptcy Code, 2016. Because of the ongoing liquidation process, the company has not yet been able to finalise its financial statements for FY 2023-24 and FY 2024-25. The company will notify the exchanges once the financials are prepared and signed. This disclosure is being made under the SEBI circular dated 26 November 2018 regarding annual disclosures for listed entities undergoing resolution or liquidation.
Shareholders should note that Jet Airways remains under liquidation with no finalised annual results for the last two financial years, signalling continued uncertainty and likely very low equity value. The delay in financial reporting may keep the stock under trading restrictions or continued surveillance measures.