Jet Airways’ ~5% stake has been pledged with SBI Cap Trustee Company, a PTI report said.
As per Media report, the lenders have taken control of the debt-ridden airline company. Further, ~5.19% stake of the airline were pledged with SBICap Trustee Company on April 11.
A media report also added that founder of the airline company Naresh Goyal has pledged 26% stake in the ailing airline as security for loans from Punjab National Bank.
Meanwhile, the company in its filing to the exchanges informed that Rajshree Pathy has submitted her resignation as an Independent Director of the company with effect from April 13, 2019, owing to time constraints on account of her other current commitments.
As per Media report, the lenders have taken control of the debt-ridden airline company. Further, ~5.19% stake of the airline were pledged with SBICap Trustee Company on April 11.
A media report also added that founder of the airline company Naresh Goyal has pledged 26% stake in the ailing airline as security for loans from Punjab National Bank.
Meanwhile, the company in its filing to the exchanges informed that Rajshree Pathy has submitted her resignation as an Independent Director of the company with effect from April 13, 2019, owing to time constraints on account of her other current commitments.
Jet Airways (India) Ltd's share price is currently trading at Rs259.70, down by Rs0.75 or 0.29%, from its previous close of Rs260.45 on the BSE.
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