SpiceJet shares surge 6% as Supreme Court rejects Maran, KAL Airways’ plea seeking ₹1,323 crore damages

SpiceJet shares surge 6% as Supreme Court rejects Maran, KAL Airways’ plea seeking ₹1,323 crore damages

SpiceJet shares surged 6% after the Supreme Court dismissed Kalanithi Maran's damages claim, providing legal relief amid financial struggles. The court upheld the Delhi High Court's ruling, concluding a long-standing dispute over a failed share transfer deal from 2015.