SpiceJet Limited has formally announced a Board of Directors meeting scheduled for February 12, 2026, to review and approve the company's third quarter financial performance. The notification was communicated to BSE Limited on February 9, 2026, in accordance with regulatory requirements.

Board Meeting Details

The meeting has been convened under Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board will consider and approve both standalone and consolidated unaudited financial results for the quarter ended December 31, 2025.

Trading Window Restrictions

In compliance with insider trading regulations, SpiceJet has implemented a trading window closure for company securities. The restriction is enforced under the SEBI (Prohibition of Insider Trading) Regulations, 2015, read with the company's Code of Conduct for Prevention of Insider Trading.

The trading window will remain closed until 48 hours after the declaration of financial results, extending through February 14, 2026 (end of day). This measure ensures compliance with regulatory frameworks designed to prevent insider trading activities.

Regulatory Compliance

The announcement demonstrates SpiceJet's adherence to mandatory disclosure requirements under SEBI regulations. The notification was signed by Chandan Sand, Senior Vice President (Legal) and Company Secretary, and submitted to the Department of Corporate Services at BSE Limited.

The company maintains its listing on BSE with scrip code 500285 and scrip ID SPICEJET. The formal communication ensures transparency and provides adequate notice to stakeholders regarding the upcoming financial results disclosure.

SpiceJet employees are facing severe financial hardships due to prolonged salary delays that have stretched beyond one year, according to reports from Times of India journalists shared on social media platforms. The situation has created significant distress among the airline's workforce as they struggle to meet basic financial obligations.

Current Payment Status

The airline's employees are still awaiting salary payments for December and January, adding to an already lengthy backlog of unpaid wages. This delay represents the latest in a series of payment issues that have persisted for over twelve months, affecting the livelihoods of SpiceJet's staff members across various departments and positions.

Impact on Employee Finances

The extended salary delays are creating substantial financial strain for employees who are struggling to manage essential expenses. Staff members report difficulties in meeting EMI payments for loans and mortgages, while others are unable to pay school fees for their children. These payment delays are affecting employees' ability to maintain their standard of living and meet critical financial commitments.

Employee Hardships

The prolonged nature of the salary delays has compounded the financial difficulties faced by SpiceJet's workforce. Key areas of impact include:

• Loan Obligations: Employees struggling to meet EMI payments for personal and home loans
• Educational Expenses: Difficulty paying school fees and educational costs for children
• Daily Expenses: Challenges in managing routine household and personal expenses
• Financial Planning: Inability to maintain regular savings and financial planning

The situation highlights the significant personal and professional challenges faced by airline employees during periods of operational and financial uncertainty in the aviation sector.