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Jet Airways shares continue to fall; plummet over 7%

Press Trust of India  |  New Delhi 

Shares of Tuesday plunged over 7 per cent, its second day of decline, after the company's deputy chief executive officer and (CFO) resigned.

The scrip tanked 7.42 per cent to close at Rs 129.10 on the BSE. During the day, it plunged 12.44 per cent to Rs 122.10.

On the NSE, shares plummeted 7.33 per cent to close at Rs 128.90.

In terms of volume, 22.14 lakh shares were traded on the BSE during the day, while over one crore shares were traded on the NSE.

Shares of had plummeted over 8 per cent Monday amid continued uncertainty over bidders.

"We wish to inform that Amit Agarwal, the of the company, has resigned from service due to personal reasons, with effect from May 13," said in a regulatory filing.

The seized operations temporarily around mid-April due to acute liquidity crisis.

Most of the airline's board members have also quit in last one month.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 14 2019. 16:41 IST
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