Jet Airways India Ltd to raise $300 million

The Board of Directors of Jet Airways (India) Ltd 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.

Shares of JET AIRWAYS (INDIA) LTD. was last trading in BSE at Rs.251.45 as compared to the previous close of Rs. 244.1. The total number of shares traded during the day was 590750 in over 19205 trades.

The stock hit an intraday high of Rs. 259.1 and intraday low of 240.95. The net turnover during the day was Rs. 148923728.

Source : Equity Bulls

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