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SBI-led consortium of lenders likely to bag biggest stake in Jet Airways

Airline says change in board composition under consideration

Jet Airways
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Jet Airways

Arindam MajumderAneesh PhadnisAbhijit Lele Mumbai
Even as the talks between Jet Airways and its lenders are learnt to have reached a stage of finality, the Naresh Goyal-led company issued an official statement to scotch any speculation around its foreign partner Etihad offering to raise its stake at a steep discount. 

The statement, which came after the airline stock fell 7.95 per cent, closing at Rs 271 on the BSE, confirmed that the resolution plan was considering various options on the debt-equity mix, proportion of equity infusion by stakeholders and the consequent change in the composition of the company’s board of directors. 

Off the record, sources gave out