Authum Investment Clarifies Sale of Promoter-Pledged SpiceJet Shares in Block Deal
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Authum Investment Sells Part of SpiceJet Promoter Pledge, Shares in Focus
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CNBC TV18•27-02-2026, 08:34
Authum Investment Sells Part of SpiceJet Promoter Pledge, Shares in Focus
•Authum Investment invoked pledged shares amounting to a 6.8% stake in SpiceJet Ltd. on February 27.
•Authum acquired 10.37 crore equity shares of SpiceJet on February 25 by invoking pledged shares related to outstanding dues of Spice Healthcare Pvt. Ltd.
•The shares, originally held by promoter Ajay Singh, were pledged as security against borrower’s obligations.
•6 crore shares have been sold, while 4.37 crore shares (2.86% stake) remain in Authum’s demat account as ongoing security.
•SpiceJet shares ended 9.81% higher at ₹15.90 on Thursday, but are down 47% year-to-date in 2026.
