Tuesday, 1 October 2013

Naresh Goyal acquires additional stake in Jet Airways for Rs 33.13 crore

Jet Airways’ Chairman Naresh Goyal has acquired 1.11% stake or 960,369 equity shares of the airline from Tail Winds through open market route. The scrips were purchased on an average price of Rs 345 valuing the transaction to Rs 33.13 crore.

Goyal currently holds 5.7 crore shares or 65.99% stake in the company, which increased to 67.1% after the share purchase.

On the other hand, Tail Winds holds 77.76 lakh equity shares or 9.01 per cent stake in Jet, which declined to 7.89% stake or 68.15 lakh shares after the said transactions. 

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