INSUBCONTINENT EXCLUSIVE:
Board of India) has sought details from the airline's listed parent firm InterGlobe Aviation by July 19.One of the promoters Rakesh
Gangwal has Sebi's intervention in addressing his grievances, InterGlobe Aviation said in a regulatory filing on Tuesday
IndiGo is the country''s largest airline.The company told stock exchanges that its board of directors has received a letter from Mr
Gangwal.Sebi has been probing the matter since reports surfaced about differences between the two key promoters, sources said
Reportedly, there are differences between Mr Gangwal and Rahul Bhatia over certain related-party transactions."Sebi has in the mean time
asked the company to give its response to this letter by July 19, 2019, with which the company will comply," the filing said.Shares of
around the world on TheIndianSubcontinent.com
Catch all the Live TV action on TheIndianSubcontinent 24x7 and TheIndianSubcontinent India
Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.
