Jet Airways announces deal with Abu Dhabi's Etihad Airways
The number of shares allotted to Etihad represents nearly 32 per cent of the Jet's share capital.
NEW DELHI: Jet Airways on Wednesday said its board has approved issue of over 27.26 million equity shares to Etihad Airways at Rs 754.73 a piece.
The number of shares allotted to Etihad represents nearly 32 per cent of the Jet's share capital.
In a filing to stock exchanges, Jet said its board of directors at a meeting today approved preferential allotment of "27,263,372 equity shares of the face value of Rs 10 to Etihad Airways PJSC at a price of not less than Rs 754.7361607 (including premium of Rs 744.7361607 per share) pe
The number of shares allotted to Etihad represents nearly 32 per cent of the Jet's share capital.
In a filing to stock exchanges, Jet said its board of directors at a meeting today approved preferential allotment of "27,263,372 equity shares of the face value of Rs 10 to Etihad Airways PJSC at a price of not less than Rs 754.7361607 (including premium of Rs 744.7361607 per share) pe
AMIT GUPTA
PGDM 2nd sem
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