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Go Air promoters’ 22.5 per cent stake in pledge with three banks
May 15, 2021
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Go Investments pledged equity shares in favour of the consortium led by Central Bank of India
About 22 per cent stake held by the promoters in Go Airlines has been pledged with three banks.
According to the DRHP filed by the company ahead of its proposed IPO, 4,50,00,000 equity shares amounting to 22.56 per cent of the pre-Issue paid up capital held by Go Investments have been pledged in favour of the consortium consisting of Bank of Baroda and BNP Paribas and led by Central Bank of India pursuant to the working capital facility of ₹2,405 crore availed by the company. ....

Go Airlines Ltd , Central Bank , Indian Oil Corporation Ltd , Go Airlines , Stock Exchanges , Airlines Ltd , Promoters Of Go Airlines , Vargo Investments , Equity Share Pledge , Consortium Consisting Of Bank Baroda And Bnp Paribas Central India , போ விமான நிறுவனங்கள் லிமிடெட் , மைய வங்கி , இந்தியன் எண்ணெய் நிறுவனம் லிமிடெட் , போ விமான நிறுவனங்கள் , ஸ்டாக் பரிமாற்றங்கள் , விமான நிறுவனங்கள் லிமிடெட் ,