Jet Airways’ Chairman Naresh Goyal will acquire 9,60,369 equity shares or 1.11% stake in the airline from another promoter entity, Tail Winds, for up to Rs 45 crore. Post acquisition the Goyal’s stake in the company would rise to 67.1% from 65.99% at present.
On the other hand, Tail Winds holds 77,76,212 equity shares or 9.01% stake in company, which would decline to 7.89% stake or 6,815,843 shares after the proposed transactions.
Jet Airways has proposed to sell 24% stake in the company to Abu Dhabi-based Etihad Airways for Rs 2,058 crore.
| Company Name | CMP |
|---|---|
| Interglobe Aviation | 5396.45 |
| SpiceJet | 11.53 |
| Raymond | 610.10 |
| Global Vectra Helico | 160.85 |
| Taneja Aerospace | 296.65 |
| View more.. | |
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