Jetking SAT Appeal Dismissed on Preferential Shares

Securities Appellate Tribunal dismissed Jetking's appeal against BSE's rejection of preferential share listing application.
SAT found company utilized preferential issue proceeds to invest in VDAs prior to RoC certification, violating MoA.
No monetary penalty imposed but preferential shares cannot be listed on BSE; company evaluating legal implications.
Disclosure made under SEBI LODR Regulation 30(13) regarding judicial order received on May 8, 2026.