In latest company communication to exchanges company informed that Jubilant Infrastructure Limited (“JIL”), wholly owned subsidiary of the
Company has purchased 6.67% equity Share in Forum I Aviation Private Limited (‘FAPL’) from
MAX ATEEV Limited.
Post-acquisition, JIL holds 9.12% equity shares in FAPL.
FAPL is engaged in business
of operating Aircrafts on Charter
basis under the Non-scheduled
Airlines.
Can anyone here please help me understand why they being a chemical company investing in a charter company?
Source:
8d91f154-811c-454a-a327-37c44e1180ed.pdf (360.4 KB)
| Subscribe To Our Free Newsletter |
