Former Jet AirwaysNSE -3.48 % chairman Naresh Goyal is not out of Jet Airways yet. The founder is likely to submit initial bids for stake in the airline on Thursday, ET Now quoting sources claimed.
SBI Caps, which invited Expression of Interest (EoI) for stake sale in Jet Airways on April 8, has already extended the date for submission of bids to April 12 from April 10 earlier. SBI Caps has the mandate for Jet Airways’ sale on behalf of the SBI-led consortium of domestic lenders to the debt-ridden private carrier.
It has put between 31 per cent and up to 75 per cent in the airline for investors.