Key Points
The carrier, promoted by Ajay Singh, elaborated that the company board could only partially complete the agenda items during its meeting on August 11 after it said that it would declare its Q1 results 2023 and Q4FY23 results together on August 14...
"The meeting of the Board of Directors of the Company held on today, that is, August 11, 2023 (Friday) could only partially complete the agenda items and the meeting has now been adjourned to August 14, 2023," said Spicejet in its statement announcing the delay in its results...
It added: "The meeting of the Board of Directors of the Company is scheduled on 14/08/2023, inter alia, to consider and approve (a) The audited standalone and consolidated financial results of the Company for the fourth quarter and financial year ended March 31, 2023; and (b)The unaudited standalone and consolidated financial results for the first quarter ended June 30, 2023..
Further, pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015 read with Company's Code of Conduct for Prevention of Insider Trading, the Trading Window for dealing in securities of the Company shall remain closed for the Designated Persons till August 16, 2023 (end of the day) for declaration of above said financial results of the Company."..
The carrier delayed its FY22 results due to a ransomware attack, the company said.. Earlier this month it was reported that SpiceJet had sought shareholder approval to issue 5.91 per cent of its stake to Carlyle Aviation Partners, the aircraft financing unit of private equity giant Carlyle Group...
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