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Awaiting price reaction for this filing.
SpiceJet has postponed its board meeting originally scheduled on September 5, 2025 to September 8, 2025 (Monday). The meeting was to consider issuing equity shares on a preferential basis to aircraft lessors against conversion of their outstanding dues, and allotment of shares under the SpiceJet Employee Stock Option Scheme 2017. The trading window for dealing in SpiceJet securities remains closed for designated persons until September 10, 2025, as required under SEBI insider trading rules.
This is a procedural update with no immediate impact on shareholders, though the postponed meeting agenda includes a potential preferential equity issuance to lessors for debt conversion, which could lead to dilution if approved next week.