New Delhi, Nov. 13 -- SpiceJet has said it will submit its overdue financial results by December 7, following a warning from the Bombay Stock Exchange (BSE) that trading in the airline's shares could be suspended if it fails to meet the regulatory deadline.
In a statement on Friday, the cash-strapped carrier said it was working towards filing the pending results within the stipulated timeline.
The development comes amid mounting financial and operational challenges for the airline, whose share in India's domestic aviation market has fallen sharply to around 0.6% from nearly 15% in 2019.
The BSE, in a notice issued on Monday, said trading in SpiceJet shares would be suspended from December 10 over the airline's failure to submit its finan...