Approval for proposal of M/s. Etihad Airways PJSC, UAE to subscribe to equity shares of M/s. Jet Airways (India) Limited amounting to Rs.2,057.66 crore

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..... Approval for proposal of M/s. Etihad Airways PJSC, UAE to subscribe to equity shares of M/s. Jet Airways (India) Limited amounting to Rs.2,057.66 crore
News and Press Release
Dated:- 4-10-2013< .....

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The Cabinet Committee on Economic Affairs today gave its approval to the proposal of M/s. Etihad Airways PJSC, United Arab Emirates for subscribing 2,72,63,372 (two crore seventy two lakh sixty .....

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..... three thousand three hundred seventy two) equity shares of Rs.10 each of M/s. Jet Airways (India) Limited amounting to 24 percent of the post issue paid up equity share capital for an amount not exce .....

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..... eding Rs.2057.66 crore. The Foreign Investment Promotion Board (FIPB) has recommended the proposal. The approval would result in foreign investment amounting to Rs.2057.66 crore in the country.
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..... ews - Press release - PIB .....

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