Naresh and Anita Goyal say Goodbye to Jet Airways Board today

After 25 years of establishing Jet Airways, a report surfaced about the potential resignation of Naresh Goyal and Anita Goyal. Last week, State Bank of India, which is one of the leading shareholders of Jet has asked the same thing from the couple along with two other members from the board. A formal confirmation will be announced today.

After the departure of Naresh Goyal and His wife, Anita Goyal SBI will invoke the 51% stakes which were held by the couple. Now jet will be looking for a buyer in the upcoming months.

It is rumored that Srinivasan Vishvanathan Former SBI Managing Director and Ex-Jet Airways Director might join the top leadership of the Company. In the meantime, Etihad will hold its place on the board. But it’s 24% share will be diluted in the upcoming months.