NEW DELHI: More than 5% stake of cash-strapped Jet Airways has been pledged with SBICap Trustee Company, according to a regulatory filing.
Lenders have taken control of the full service carrier, which has a debt burden of more than ₹8,000 crore.
As per the filing made on Friday, 5.19 per cent stake or 58,95,704 shares of the airline were pledged with SBICap Trustee Company on April 11.
The disclosure by SBICap Trustee was submitted by Jet Airways to the BSE.
