Jetking Infotrain Ltd — Important, 10-10-2025: Company Update

Jetking Infotrain has appealed to the Securities Appellate Tribunal against BSE Ltd. The company is challenging BSE's decision to reject its application for listing equity shares from a preferential allotment. BSE's reason was that investments in Virtual Digital Assets (VDAs) are speculative and their policy is under review. Jetking contends that BSE initially gave in-principle approval for this allotment, despite being aware funds were for VDA investments, only to retract approval after the company had already raised and invested the capital. This legal action is crucial for the listing status of these shares.