Naresh & Anita Goyal and two other directors to resign from the board of Jet Airways

CNBC-TV18 2019-03-25

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Jet Airways’ board will be meeting today to discuss the new resolution plan which is now being firmed up because as per the original plan Etihad was expected to infuse capital and with them out of the equation, most likely now, lenders have firmed up a new plan according to which the SBI-led consortium will give additional emergency funding of Rs 1,500 crore to the airline but the condition is that they want Naresh Goyal, his wife Anita Goyal and 2 other directors which are Gaurang Shetty and Naseem Zaidi to resign from the board of Jet Airways with immediate effect.

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