SPICEJET LTD. - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

This is to inform you that the Company has grounded three of its B737 freighter aircraft on the advice of the Israeli Aerospace Industries ('IAI'), which converted these aircraft to freighters. During an internal examination of IAI's manufacturing facilities, a potential defect was discovered in the process used to manufacture the 9G rigid barrier installed on these aircraft. These aircraft will return to operations after regulatory clearance.