JET AIRWAYS (INDIA) LTD. - Outcome of Board Meeting

Jet Airways (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 07, 2014, have approved the raising of long term finance in the form of Redeemable Preference Shares and / or Non-Convertible Debentures and/or Loan from Shareholder upto a maximum of US$ 300 Million subject to receipt of all regulatory, corporate and such other approvals as may be required.