JET AIRWAYS (INDIA) LTD. - Clarification on Disclosure by Mr. Naresh Goyal
| < Back | |
| 14 Jan 2015 | |
| With reference to the letter dated January 12, 2015 submitted to the Stock Exchanges by Mr. Naresh Goyal (the airlines Promoter and Chairman) intimating that he has given an non-disposable undertaking to Punjab National Bank with regard his shareholding of 51% with Jet Airways (India) Limited and the various newspaper reports on the same.<BR><BR>In this regard, Jet Airways (India) has informed BSE that the Company have issued the following press release to clarify the matter:<BR><BR>"Jet Airways (India) Limited ("JET") hereby wishes to clarify that the recent media reports stating that Mr. Naresh Goyal (the airlines Promoter and Chairman) has pledged 51% shares held by him in JET to Punjab National Bank ("PNB") is factually inaccurate and incorrect.<BR><BR>JET would like to categorically state, for the benefit of all its stakeholders, that the undertaking given to PNB implies that the airlines Promoter and Chairman will not dilute his equity, by way of a sale, below 51% at any time, and will continue to be the majority shareholder in the airline. It is thus, an undertaking of non-disposal of any further equity and not a matter of pledging of his shares". | |
| View all announcements for JET AIRWAYS (INDIA) LTD. | Source: BSE India |
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback