Authum Investment & Infrastructure Limited (AIIL) has announced the acquisition of 10,37,00,000 equity shares of SpiceJet Limited, representing approximately 6.80% of its paid-up share capital. This acquisition occurred on February 25, 2026, through the invocation of a pledge. Of the acquired shares, 6,00,00,000 shares were sold by AIIL, while 4,37,00,000 equity shares (approximately 2.86% of SpiceJet's paid-up capital) remain with AIIL as continuing security. SpiceJet Limited, primarily engaged in air transport services, is listed on BSE and NSE. Its turnover for FY 2024-25 was ₹5,326 crore, with prior year turnovers of ₹7,085 crore (FY 2023-24) and ₹8,874 crore (FY 2022-23). The acquisition was not related to any promoter or group company interests and was conducted at arm's length. No separate cash consideration was paid for this acquisition, as the shares were transferred from a pledge securing dues from Spice Healthcare Private Limited. The acquisition is considered complete upon transfer to AIIL's dematerialized account on February 25, 2026. No governmental or regulatory approvals were required for this transaction.
