British entrepreneur advised to formally engage with SBI Caps: Jet Airways

Press Trust of India  |  New Delhi 

has advised British Jason Unsworth, who had sent an unsolicited offer for the airline, to formally engage with SBI Caps Ltd, which is running the bidding process, according to a filing.

had received an unsolicited e-mail communication from the British entrepreneur, it said in a filing to the BSE.

"... the sender has been advised to formally engage with SBI Caps Limited, who are leading the bidding process under resolution plan initiated by consortium of domestic lenders led by State Bank of India," it noted.

The filing came in response to a clarification sought from the on reports that the British has offered to take control of

Jason said he has contacted SBI on Wednesday.

"I can confirm @jetairways have given me two further contacts at @TheOfficialSBI to get in touch with regarding @atmosphereairuk's bid to take a controlling share of the airline," he said in a series of tweets.

is the founder and of Atmosphere Intercontinental Airlines, which would establish a new premium group in four different countries, according to his profile.

"Just had a meeting with an Indian #investors will put up 1,500 crore/$215.702 Million USD for @atmosphereairuk @jetairways bid... with more interested parties still to meet with and take calls from over the coming 2 weeks...," he said in another tweet.

Separately, the informed the (NSE) on Wednesday that its website was under "heavy maintenance" due to which certain details were not accessible and that necessary changes have been done.

Under Sebi norms, a listed entity is required to maintain a functional website containing the information as prescribed.

On Tuesday, the NSE sought clarification from the airline about certain information being not available on its website.

"Since the company has temporary suspended its operation due to which the website of the company was under heavy maintenance to carry out changes related to operation of the company.

"Due to said maintenance activity other section was not accessible for some time. The company has carried out necessary changes on website and details can be accessed on the website," the airline said in a communication to the exchange on Wednesday.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 24 2019. 20:25 IST