Jet Airways Seeks Shareholder Nod To Convert Loans Into Equity
Tuesday, January 29, 2019 IST
Jet Airways India Ltd. is seeking shareholder nod for allowing banks and financial institutions to have a say in the operations of the airline by converting loans into shares.
The airline is seeking shareholder approval through a special resolution to increase its authorised share capital to Rs 2,200 crore from Rs 200 crore, according to its stock exchange filing. The move will give it more room to issue fresh shares to lenders.
The company is seeking approval from shareholders to increase the limit of authorised share capital from:
Related Topics
Related News & Articles
The Maharashtra government has given an in-principle approval to convert 2,140 hectares of the Navi Mumbai Special Economic Zone (NMSEZ) int...
Recently posted . 715 views . 2 min read
• Today's announcements by the RBI may marginally reduce the interest rates on housing and auto: Analysts
Recently posted . 568 views . 3 min read
The AAP government and the Lt Governor’s office have been at loggerheads over the issue of installation of CCTVs in Delhi.
Recently posted . 507 views . 1 min read
State Bank of India's shares fell 1.7 percent to Rs. 296.4 in Mumbai on Friday, extending this year's drop to 4.4 percent.
Recently posted . 663 views . 1 min read
What’s in a name… domain name, to be exact? People like us who use the internet on a daily basis might think it’s just a matter of typing our f...
Recently posted . 755 views . 8 min read
Trending News & Articles
While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content.
...
Recently posted . 61K views . 1 min read
The four boys as well as five school officials, including the director and principal, were arrested after the incident. The minors were presented before the Juvenil...
Recently posted . 8K views . 1 min read
Rahul was having an Italian passport and was carrying suitcase full of dollars. Some say it was about was it $2 million.
Rahul and his girl friend was th...
Recently posted . 7K views . 7 min read
True – Tr...
Recently posted . 6K views . 83 min read
More in National
In a video, the cop is seen rushing to the mans rescue, picking him up and running on a rail track as a train passes by.
Recently posted. 641 views . 0 min read
Srinagar: The national song of the devotion of Pakistan-possessed Kashmir (PoK) was played amid a local cricket match in Jammu and Kashmir's Pulwama region on S...
Recently posted. 907 views . 9 min read
NEW DELHI: The pristine white of the Taj Mahal in Agra is turning brown and green because of dirty socks and algae, the central archeological body ...
Recently posted. 702 views . 1 min read
Recently posted . 688 views
Recently posted . 355 views
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 1K views . 126 min read
Recently posted . 1K views . 87 min read
HDFC Bank Ltd, India’s second-biggest lender by assets, on Tuesday reported a record quarterly profit, buoyed by an increase in intere...
Recently posted. 531 views . 8 min read
According to the new proposed law, tenants overstaying in the rent accommodation will have to pay double the rent amount for two times and four times thereafter.
Recently posted. 622 views . 1 min read