NEW DELHI: Falling 15 per cent, shares of Jet AirwaysNSE -12.68 % plumbed fresh all-time low of Rs 69.75 in Monday's session ahead of its lenders' meet today.
The lenders of Jet are meeting today to finalise how a resolution will be possible under the June 7 Reserve Bank of India (RBI) mandate on stressed assets.
Besides, the lenders are meeting to figure out whether rescue of the carrier is still possible or it will have to be taken to the bankruptcy court.
The airline suspended all flights on April 17 after it ran out of cash to run operations and failed to raise interim loans from banks.
Shares of Jet Airways traded 13.28 per cent down at Rs 71.15 on BSE around 9:50 am
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