Shares of Jet Airways fell 3 per cent in afternoon trade Monday on reports that State Bank of India (SBI) is mulling moving the National Company Law Tribunal (NCLT) against the debt-laden airline, even as the lender said no such decision had been taken.
The cash-strapped full service carrier is looking to rejig debt and raise funds, even as it has been forced to ground two more aircraft due to non-payment of dues to lessors.
Jet Airways shares declined 3 per cent to Rs 229.60 apiece on BSE in afternoon trading and had touched an intra-day low of Rs 225.
