SpiceJet Ltd Share Price – BSE

Air Transport Service, Small Cap

The board of SpiceJet at its meeting held on 05 June 2026 has approved the change of the Company's Registered Office from ?Indira Gandhi International Airport, Terminal 1D, New Delhi ? 110037? to ?505, 5th Floor, Caddie Commercial Tower, Aerocity (DIAL), New Delhi ? 110037?, within the local limits of New Delhi, with immediate effect.

The scheme aims to facilitate additional credit flow of Rs 2.55 lakh crore. This includes Rs 5,000 crore earmarked for airlines.

The Cabinet, chaired by Prime Minister Narendra Modi, approved the proposal on Tuesday, 5 May 2026. The government said the scheme would help businesses tackle short-term liquidity stress arising from the conflict.

Under the scheme, passenger airlines can avail additional credit support of up to 100% of peak working capital utilisation during Q4 FY26. The support is capped at Rs 1,500 crore per borrower. MSMEs and other eligible borrowers can avail up to 20% of peak working capital utilisation, capped at Rs 100 crore.

Civil Aviation Minister K. Rammohan Naidu said the move would help airlines manage liquidity challenges and maintain operations amid global disruptions.

According to the official release, the scheme is designed to protect jobs, support supply chains and maintain business continuity.

The loan tenor for airlines will be seven years, including a two-year moratorium. For MSMEs and other borrowers, the tenor will be five years with a one-year moratorium. The scheme will apply to loans sanctioned until 31 March 2027.

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SpiceJet has taken note of the order passed by the Supreme Court of India, which declined to interfere with the earlier direction to provide a security deposit of Rs 144 crore to the court pending hearing on SpiceJet's claims. The company is examining the order and will comply with all court directions. SpiceJet would like to assure all stakeholders that this development has no impact on its day-to-day operations.

The matter arises from a share transfer agreement involving SpiceJet, its promoter Ajay Singh, KAL Airways and Kalanithi Maran. SpiceJet has paid a total of Rs 730 crore to Kalanithi Maran and KAL Airways, including the entire principal amount of Rs 580 crore and Rs 150 crore towards interest. The remaining amount, as directed by the court, will be deposited in court in accordance with the arbitration process.

The amount being paid by Spicejet is in the nature of a deposit held by the Court while SpiceJet's appeal is being decided by the Court. SpiceJet remains confident of receiving a potential refund of Rs 449 crore on the culmination of this legal process.

Claims of over Rs 1,300 crore in damages made by KAL Airways and Kalanithi Maran have been rejected and these orders have attained finality.

All challenges to the arbitral award by KAL Airways and Kalanithi Maran have also been dismissed. SpiceJet's claims against KAL Airways and Kalanithi Maran for a refund of amounts paid is being heard by the Delhi High Court and there is a prima facie finding of the Court in favour of SpiceJet.

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The move comes close on the heels of the Board?s approval for a calibrated fleet ramp-up to 60 aircraft through a mix of wet and damp leases, along with the phased return of grounded planes.

The airline said it has doubled its capacity in the last quarter, with Available Seat Kilometres (ASKMs) rising from about 55 crores to 105 crores. Riding on the momentum, SpiceJet plans to scale up capacity to 220 crore ASKMs by Winter 2026 and operate over 300 daily flights, aiming to strengthen connectivity, enhance operational reliability and meet rising passenger demand through disciplined growth.

Debojo Maharshi, chief business officer (CBO), SpiceJet, said, ?Doubling our capacity in the last quarter has been a significant milestone, and the plans we have in place to more than double it further this year reflect growing confidence in the business and strong demand across the network. The receipt of this MoU is an encouraging development as we continue to rebuild and expand our operations in a measured manner. Our focus remains on restoring capacity, strengthening connectivity and improving reliability for our passengers.?

SpiceJet is engaged in the business of providing air transport services for the carriage of passengers and cargo and other allied activities.

The company reported consolidated net loss of Rs 241.57 crore in Q3 FY26 as against net profit of Rs 20.44 crore in Q3 FY25. Revenue from operations jumped 14.1% year on year to Rs 1,345.47 crore in Q3 FY26.

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