Kingfisher Airlines Chief Vijay Mallya has indicated that the he is not aware of any deadline set by the lenders of the airline for re-capitalisation of the airline.

State Bank of India (SBI) Chairman Pratip Chaudhuri had said that the banks' consortium has set a deadline of November 30 for the company to get re-capitalization. Otherwise the company will not be able to sustain itself.

"I am not aware of any deadline given to Kingfisher by its bankers. I am sorry to say but we have not received any communication in this regard," said Mallya. He was speaking after announcing the new deal between United Spirits and Diageo Plc.

SBI is leading a group of banks that have lent to the airline. Mallya had only said that the company is working towards a comprehensive rehabilitation plan that includes re-capitalization of the airline. Mallya pointed out that the money raised from the Diageo deal will not be used for Kingfisher Airlines as the company is a separate entity.

The employees of the company have been waiting for their salaries for seven months and the management has only made repeated promises about all payments being cleared soon.