Spicejet Ltd — Updates, 26-05-2025: Company Update

SpiceJet has announced a Delhi High Court Division Bench dismissed the appeal by KAL Airways and Kalanithi Maran seeking damages exceeding Rs.1300 crore. The claims were earlier rejected by an Arbitral Tribunal and a Single-Judge Bench of the Delhi High Court. This legal resolution removes the risk of significant financial liability for SpiceJet and provides clarity on the company’s exposure related to this dispute, supporting investor confidence in the company’s legal position.