Mumbai: Jet Airways (India) Ltd may consider raising ₹4,000 crore through a rights issue if the Securities and Exchange Board of India (Sebi) denies an exemption to Abu Dhabi-based Etihad Airways PJSC from making an open offer in lieu of raising its stake in the cash-strapped carrier, said two people with direct knowledge of the matter requesting anonymity.
Jet Airways’ promoter and founder Naresh Goyal, Etihad Airways the airline’s lenders will subscribe to the rights issue as part of the resolution plan, said one of the persons cited above.
