Approval for proposal of M/s. Etihad Airways PJSC, UAE to subscribe to equity shares of M/s. Jet Airways (India) Limited amounting to Rs.2,057.66 crore

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....pproval for proposal of M/s. Etihad Airways PJSC, UAE to subscribe to equity shares of M/s. Jet Airways (India) Limited amounting to Rs.2,057.66 crore <br>News and Press Release<br>Dated:- 4-10-2013<b....

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....r><BR>The Cabinet Committee on Economic Affairs today gave its approval to the proposal of M/s. Etihad Airways PJSC, United Arab Emirates for subscribing 2,72,63,372 (two crore seventy two lakh sixty ....

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....three thousand three hundred seventy two) equity shares of Rs.10 each of M/s. Jet Airways (India) Limited amounting to 24 percent of the post issue paid up equity share capital for an amount not excee....

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....ding Rs.2057.66 crore. The Foreign Investment Promotion Board (FIPB) has recommended the proposal. The approval would result in foreign investment amounting to Rs.2057.66 crore in the country.<BR> Ne....

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....ws - Press release - PIB....