Jetking Infotrain Ltd — Important, 09-05-2026: Company Update
09-05-2026 · 04:31 pm
Jetking Infotrain Limited has received an order from the Securities Appellate Tribunal (SAT) dismissing its appeal. This decision means the shares issued through a preferential allotment cannot be listed on the BSE at this time. SAT noted that the company utilized preferential issue proceeds for investments prior to obtaining necessary approvals and did not disclose a Memorandum of Association amendment to BSE earlier. The company is currently assessing the impact and exploring legal options. This ruling directly impacts the ability to trade the preferential issue shares on the exchange for investors.
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