Jet Airways share price: Jet crashes 15% to hit fresh all-time low ahead of lenders' meet - The TheIndianSubcontinentNever miss a great news story!Get instant notifications from TheIndianSubcontinentAllowNot nowYou can switch off notifications anytime using browser settings.NewsLATEST NEWSADAG shares down; Reliance Infra slips 10% post Q4 results; RCap, RPower down up to 7%Non-fund based financials, consumption to be big themes in next 10 years: Sunil Singhania, Abakkus Asset ManagerShare market update: Auto shares in the red; Ashok Leyland dips 2% Sensex drops 150 points, Nifty below 11,800 amid rise in crude oil pricesJeevan Scientific, Ashoka Metcast among top gainers on BSE A rate cut by Fed looks less urgent after pickups at stores and factoriesJet Airways, PC Jeweller among top losers on BSETry bull spread or calendar spread in this marketBuzzing stocks: Shriram Transport Finance, YES Bank, RPower, IndusInd Bank Stock Analysis, IPO, Mutual Funds, Bonds - MoreJet has a debt of nearly Rs 8,500 crore on its books with total liabilities of around Rs 25,000 crore.
ETMarkets.com|Jun 17, 2019, 10.11 AM ISTReutersThe lenders of Jet are meeting today to finalise how a resolution will be possible under the June 7 Reserve Bank of India (RBI) mandate on stressed assets.NEW DELHI: Falling 15 per cent, shares of Jet Airways plumbed fresh all-time low of Rs 69.75 in Monday's session ahead of its lenders' meet today.
The lenders of Jet are meeting today to finalise how a resolution will be possible under the June 7 Reserve Bank of India (RBI) mandate on stressed assets.Besides, the lenders are meeting to figure out whether rescue of the carrier is still possible or it will have to be taken to the bankruptcy court.
Jet has a debt of nearly Rs 8,500 crore on its books with total liabilities of around Rs 25,000 crore.
The airline suspended all flights on April 17 after it ran out of cash to run operations and failed to raise interim loans from banks.
Shares of Jet Airways traded 13.28 per cent down at Rs 71.15 on BSE around 9:50 am.Commenting feature is disabled in your country/region.Browse CompaniesABCDEFGHIJKLMNOPQRSTUVWXYZ|123456789To see your saved stories, click on link hightlighted in bold