MUMBAI: Even as Jet Airways shareholders voted for the resolutions to increase equity capital of the company and conversion of debt into equity, there was only the promise of fresh equity infusion and no specific plans laid out. In the absence of chairman and promoter Naresh Goyal, the Extraordinary General Meeting was chaired by Gaurang Shetty, whole-time director. Amit Agarwal, CFO & Deputy CEO, said that the company had already chalked out plans for cutting costs and the move to increase equity capital now comes from the Board’s understanding for a significant capital infusion. “Talking to various potential investors. When the investor discussion gets closed, then only we can announce (names of investors) … We will as a company have a sustainable future,” is all Agarwal would say.
