Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
January 15, 2019 06:48 AM IST | Aviation

Jet Airways to finalise resolution plan this week, Naresh Goyal likely to step down

Naresh Goyal would trim his 51 percent stake to 20-25 percent and agree to voting rights on his stake being capped at 10 percent in a bid to save the debt-laden carrier.
Etihad Airways will likely bring in fresh funds that will see its stake go up from 24 percent held currently.
The final contours of the resolution plan will be signed by the lenders after their meeting this week.
Jet Airways to finalise resolution plan this week, Naresh Goyal likely to step down
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