An IndiGo Airlines Airbus A320 aircraft.  (REUTERS)
An IndiGo Airlines Airbus A320 aircraft. (REUTERS)

Sebi seeks response from IndiGo on fresh Rakesh Gangwal letter

  • In a filing to the stock exchanges on Wednesday, InterGlobe Aviation said Sebi has sought comments on a letter written by Gangwal on 30 August
  • Gangwal and co-promoter Rahul Bhatia have differences over certain corporate governance matters at InterGlobe Aviation

NEW DELHI : Markets regulator Sebi has sought a response from InterGlobe Aviation on a fresh letter by the company's co-promoter Rakesh Gangwal regarding corporate governance issues. Gangwal and co-promoter Rahul Bhatia have differences over certain corporate governance matters at InterGlobe Aviation, the parent of the country's largest airline IndiGo.

In a filing to the stock exchanges on Wednesday, InterGlobe Aviation said Sebi has sought comments on a letter written by Gangwal on 30 August. "The company will provide its response to the Sebi," the filing said.

Watche here:


Shares of InterGlobe Aviation were trading at 1,619.55 per scrip, down 0.36% from the previous close, on BSE.

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