Jet Airways share price: Jet shares slip 2% after Goyal offers to pledge rest of his shares - The TheIndianSubcontinentNever miss a great news story!Get instant notifications from TheIndianSubcontinentAllowNot nowYou can switch off notifications anytime using browser settings.NewsLATEST NEWSSensex, Nifty tepid as global growth concerns intensifyRaj Packaging, N K Industries among top losers on BSE Tools to find out extent of a company's indebtednessPraj Industries, Velan Hotels among top gainers on BSEBuzzing stocks: Vodafone Idea, YES Bank, DHFL, Wipro, HDFC Bank RBI gives 12 years to LIC for reducing stake in IDBI BankBuy Bajaj Auto, target Rs 3,000: Manas Jaiswal Buy YES Bank, target Rs 279: Dr CK Narayan Buy Lupin, target Rs 820: Dr CK Narayan DID YOU KNOWUnleash the power of SIP - Invest in Mutual fundsReturns1M 6M 1Y 3Y 15.45% PortfolioLoadingSelect Portfolio and Asset Combination for Display on Market BandShow More Download ET MARKETS APP Get ET Markets in your own languageDOWNLOAD THE APP NOWCHOOSE LANGUAGEENGENG - EnglishHIN - GUJ - MAR - BEN - KAN - ORI - TEL - TAM - ET NOW RADIOET NOWTIMES NOWGoyal owns 51 per cent in the airline but has pledged 31.2 per cent with lenders.
ETMarkets.com|Apr 10, 2019, 10.00 AM ISTReutersAn ET report suggested that Goyal told lenders seeking to rescue the carrier that he will pledge the rest of his shares to them on condition they release the promised interim loan funding of Rs 1,500 crore without delay.NEW DELHI: Jet Airways shares slipped 2 per cent in early trade on Wednesday after reports emerged that the founder Naresh Goyal has offered to pledge rest of his shares in the company.An ET report suggested that Goyal told lenders seeking to rescue the carrier that he will pledge the rest of his shares to them on condition they release the promised interim loan funding of Rs 1,500 crore without delay.Goyal owns 51 per cent in the airline but has pledged 31.2 per cent with lenders.
Etihad Airways, Jets second-largest shareholder, is planning a board meeting to discuss the revival plan proposed by the lenders led by State Bank of India before taking a call on whether to invest further in Jet, the report further added.Shares of Jet traded 1.40 per cent lower at Rs 263.90 on BSE around 9:35 am.
Commenting feature is disabled in your country/region.Browse CompaniesABCDEFGHIJKLMNOPQRSTUVWXYZ|1234567891Jet shares slip 2% after Goyal offers to pledge rest of his sharesRaj Packaging, N K Industries among top losers on BSE Tools to find out extent of a company's indebtednessPraj Industries, Velan Hotels among top gainers on BSEBuzzing stocks: Vodafone Idea, YES Bank, DHFL, Wipro, HDFC Bank RBI gives 12 years to LIC for reducing stake in IDBI Bank'BUY' or 'SELL' ideas from experts for Wednesday 10 April 2019Trading in shares through mobile phones on a highStocks in the news: HDFC Bank, MM, Omaxe, TCS, Panacea Biotec and Hotel Leelaventure5 funds that outperformed the recent surge in Nifty returnsCLSA downgrades Asian Paints to sellTo see your saved stories, click on link hightlighted in bold