MUMBAI: The bidding process for stake sale of beleaguered airline Jet Airways (India) Ltd., will commence from 8 April, while the interested bidders will have to submit their bids by 10 April, public sector bank State Bank of India said in an advertisement on Sunday.
“…We State Bank of India, and SBICAPs , on behalf of the lenders, hereby invite expression of interest (the EOI) from interested investors/consortium of investors having requisite capacity (the interested parties) on the terms set out under the expression of interest document dated April 8, 2019…,” SBI said in an advertisement.
“Interested parties are required to submit the EOI pursuant to the terms set out under the EOI document by 6 pm on April 10…,” it added.