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
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 . 64K 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 . 10K 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 . 9K views . 7 min read
True – Tr...
Recently posted . 8K views . 83 min read
More in National
New Delhi: The almighty GST Council headed by the Finance Minister will meet on Tuesday the agents of six crucial sectors, including IT, telecom, saving money and p...
Recently posted. 735 views . 20 min read
What do you know of love, of sacrifice;
Recently posted. 895 views . 0 min read
Some time ago, Munaf Kapadia was working at Google and just generally... being. Fast forward a few years and he's running a home chef enterprise (along with his...
Recently posted. 1K views . 9 min read
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 3K views
Recently posted . 2K views
Recently posted . 4K views . 126 min read
Recently posted . 3K views . 88 min read
The CBSE Class 10th result will be declared tomorrow on the board’s official website, cbse.nic, education secretary Anil Swarup said in a tweet
Recently posted. 720 views . 1 min read
The plan will include several initiatives, from empowering women in agriculture to sending an Indian into space, as Modi seeks to fulfil his promise of creating a...
Recently posted. 747 views . 1 min read