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Jetking's Board of Directors has approved key proposals, subject to shareholder approval. Mr. Avinash Bharwani is proposed for re-appointment as Chairman & Whole-time Director for a three-year term. Additionally, the company plans to raise funds by issuing up to 4,60,000 new equity shares on a preferential basis to identified non-promoters. These shares will be issued at Rs. 250 each, aggregating to Rs. 11.5 Cr. This capital infusion is significant for the company's financial strength and future growth initiatives.