KFA

Kingfisher Airlines Limited has informed the Exchange regarding the Outcome of the Board Meeting of the Company, held on August 25, 2011.

Kingfisher Airlines Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on November 25, 2010 has approved a Debt Recast Package (DRP) with lending banks, following a one-time relaxation in restructuring guidelines sanctioned by the Reserve Bank of India.

Kingfisher Airlines Limited has informed the Exchange that at its Meeting held on August 31, 2010, the Board of Directors of the Company passed an enabling resolution for issuing further capital through various instruments including preference shares and/or equity shares and/or GDRs or such other instruments, by way of rights issue / preferential issue / GDR issue or in such other manner as the Board may deem fit upto an amount of Rupees Five Thousand Crores (approximately US $ 1 billion), subject to the approval of the shareholders. It was also consequentially decided at the Board Meeting hel

Kingfisher Airlines Limited has informed the Exchange that the Board of Directors at their meeting held on July 28, 2009 has decided to initiate steps for induction of capital not exceeding Rs.500 crores by way of equity and to explore with the Merchant Bankers the most expeditious way of doing so.

Deccan Aviation Limited has informed the Exchange that the Board of Directors of the Company, at the meeting held on September 22, 2006 have approved the Term Sheet in respect of Financial Structure, for USD 100 Million, which is expected to give a cash in flow over a period 15 months and the documentation in respect of the same in under process.