IndiGo's parent firm gets shareholders' nod to raise Rs 3,00

IndiGo's parent firm gets shareholders' nod to raise Rs 3,000 cr via QIP


IndiGo's parent firm gets shareholders' nod to raise Rs 3,000 cr via QIP
The remote e-voting on the proposal commenced on May 27 and ended on June 25. Shareholders of the company have cleared the proposal, it said in a regulatory filing on Saturday
On June 5, IndiGo reported a consolidated net loss of Rs 1,147.2 crore in the three months ended March
PTI
Updated Jun 27, 2021, 12:38 PM IST
Shareholders of InterGlobe Aviation, parent of the country's largest airline IndiGo, have approved a proposal to raise up to Rs 3,000 crore. The funds would be raised through the Qualified Institutional Placement route.
The remote e-voting on the proposal commenced on May 27 and ended on June 25. Shareholders of the company have cleared the proposal, it said in a regulatory filing on Saturday.

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