IndiGo shareholders reject Rakesh Gangwal’s proposal to amend Articles of Association3 min read . Updated: 29 Jan 2020, 11:37 PM IST
- Had the AoA been amended, it would have given Rakesh Gangwal a clean exit, if he so desired, amid a feud with Rahul Bhatia
- The EGM was filled with drama due to the absence of Rakesh Gangwal, who had called the meeting
NEW DELHI : Shareholders of InterGlobe Aviation Ltd, which runs India’s largest airline IndiGo, rejected co-promoter Rakesh Gangwal’s proposal to amend the company’s articles of association (AoA), which could have provided him a clean exit if he so desired amid an escalating feud with partner Rahul Bhatia.
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