Company Profile

JET AIRWAYS (INDIA) LTD.

NSE : JETAIRWAYSBSE : 532617ISIN CODE : INE802G01018Industry : AirlinesHouse : Jet Airways - MNC
BSE21.801 (+4.81 % )
PREV CLOSE (Rs.) 20.80
OPEN PRICE (Rs.) 21.50
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 56470
TODAY'S LOW / HIGH (Rs.)21.05 21.80
52 WK LOW / HIGH (Rs.)13 154.5
NSE21.85 1 (+4.8 % )
PREV CLOSE(Rs.) 20.85
OPEN PRICE (Rs.) 21.50
BID PRICE (QTY) 21.85 (5070 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 185257
TODAY'S LOW / HIGH(Rs.) 20.70 21.85
52 WK LOW / HIGH (Rs.)13 154.8

Company News

Date Heading Details
13-May-2020 Jet Airways' lenders likely to invite fresh expression of interest <div align="justify">Jet Airways' lenders have decided to invite fresh expression of interest (EoI) for selling a stake in the bankrupt airline. The committee of creditors (CoC) of Jet Airways is likely to come out with a revised EoI for the stake sale in the defunct airline on May 13, 2020.</div><div align="justify"><br>Jet Airways (India) is India's premier international airline, which operates flights to India and overseas.<br></div>
18-Mar-2020 Intimation Under Regulation 30(2) Read With Sub-Clause 16(G) Of Para A Of Part A<BR> Of Subject Intimation under Regulation 30(2) read with sub-clause 16(g) of Para A of Part A of Subject: Intimation of the result of e-voting of Ninth Meeting of Committee of Creditors('COC') of Jet Airways (India) Limited under Regulation 30(2) read with subclause 16(g) of Para A of Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015
16-Mar-2020 Jet Airways' RP seeks 90 days extension for bids from NCLT <p align="justify">Jet Airways' resolution professional (RP) has filed an application in National Company Law Tribunal (NCLT) seeking 90 days extension for the corporate insolvency resolution process of the defunct carrier. On March 12, 2020, the lenders to Jet Airways decided to seek an extension after it failed to attract any potential bidder.</p><p align="justify">Jet Airways (India) is India's premier international airline, which operates flights to India and overseas.<br></p>
13-Mar-2020 Jet Airways' CoC to seek 2 months extension for bids from NCLT <p align="justify">Jet Airways' Committee of Creditors (CoC) has decided to approach the National Company Law Tribunal (NCLT) to seek two months extension of deadline for submission of bids, which expired on March 10. The CoC may seek an extension in the deadline in the face of no potential bidder coming forward and also due to the ongoing coronavirus concerns as it feels that it may not get the desired results if it were to go for liquidation of assets at this stage.</p><p align="justify">The bankers' committee had on February 18 set the new deadline of March 10, for submission of bids for the grounded airline after South American conglomerate Synergy Group and New Delhi-based Prudent ARC failed to meet the deadline. </p><p align="justify">Jet Airways (India) is India's premier international airline, which operates flights to India and overseas.<br></p>
11-Mar-2020 Intimation Of The Ninth Meeting Of Committee Of Creditors('COC') Of Jet Airways (India) Limited Intimation of the Ninth Meeting of Committee of Creditors('COC') of Jet Airways (India) Limited
27-Feb-2020 Jet Airways (India) informs about CoC meeting <P align=justify>Jet Airways (India) has informed that the 8th CoC meeting of the company was held on February 18, 2020 and in the e-voting concluded on February 25, 2020, the CoC passed the resolution to issue fresh Invitation of Expression of Interest (Round) for the Corporate Debtor in the e-voting concluded on February 25, 2020.<BR><P align=justify>The above information is a part of company's filings submitted to BSE.<P align=justify><BR>
27-Feb-2020 Intimation Of The Result Of E-Voting Of Eighth Meeting Of Committee Of Creditors('COC') Pursuant to Regulation 30 (2) of Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 (LODR) and in accordance with the requirements of sub-clause 16(g) of Para A of Part A of Schedule III of LODR, we wish to inform that the 8th CoC meeting of Jet Airways (India) Ltd was held on February 18, 2020 and in the e-voting concluded on February 25, 2020, the CoC passed the resolution to issue fresh Invitation of Expression of Interest (Round) for the Corporate Debtor in the e-voting concluded on February 25, 2020.
17-Jan-2020 Jet Airways planning to sell Netherlands business to KLM Royal Dutch Airlines <p align="justify">Jet Airways is planning to sell its Netherlands business to KLM Royal Dutch Airlines. The domestic full-service carrier, which shuttered operations in April 2019, is undergoing insolvency resolution process.<p align="justify">In this context, the company and Dutch trustee have entered into a conditional sale and purchase agreement with Koninklijke Luchtvaart Maatschappij NV, on January 13, 2020, for the proposed resolution of business activities of the company in the Netherlands as approved by the committee of creditors. <p align="justify">The proposed resolution is subject to the completion of several conditions including statutory and regulatory clearances, both under Indian law and Dutch laws. If completed, the transaction would only involve a sale of part of the Jet Airways business activities and would not impact the shareholding pattern of the company in any manner. <p align="justify">Jet Airways (India) is India's premier international airline, which operates flights to India and overseas.</p>
09-Jan-2020 NCLT warns Jet Airways' CoC of contempt proceedings <p align="justify">The National Company Law Tribunal (NCLT) has instructed Jet Airways' Committee of Creditors (CoC) to release the interim amount as required by the resolution professional (RP) of the grounded airline, so that the corporate insolvency resolution process (CIRP) is completed and the assets of Jet are not devalued.<br></p><p align="justify">Further, the bench comprising Bhaskara Pantula Mohan and Rajesh Sharma directed the CoC to at least pay the amount by January 20, or the tribunal will initiate contempt proceedings against the defaulting members. </p><p align="justify">Jet Airways (India) is India's premier international airline, which operates flights to India and overseas. <br></p>
07-Jan-2020 Synergy Group submits fresh EoI to purchase Jet Airways: Report <p align="justify">Synergy Group has reportedly submitted a fresh expression of interest (EoI) to purchase Jet Airways. In a bidding process initiated last year, Synergy Group was the sole contender for Jet Airways, though the conglomerate did not make a binding bid after seeking several extensions.</p><p align="justify">Jet Airways (India) is India's premier international airline, which operates flights to India and overseas. <br>&nbsp;<br></p>