IndiGo promoters resolve 3-year dispute to prepare for fight ahead
Shareholders overwhelmingly vote for resolution as competition in the Indian skies is all set to intensify in the months ahead.
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Shareholders overwhelmingly vote for resolution as competition in the Indian skies is all set to intensify in the months ahead.
The EGM convened by IndiGo’s parent company will probably help resolve the over two-year-long dispute between the airline’s promoters. A host of developments in recent months have necessitated the move, feel aviation experts.
The EGM convened by IndiGo’s parent company will probably help resolve the over two-year-long dispute between the airline’s promoters. A host of developments in recent months have necessitated the move, feel aviation experts.
After the amendments, any member of RG Group or IGE Group can transfer any equity dividends to a third party without giving notice to each other.
Differences between Rakesh Gangwal and Rahul Bhatia had come out in the open in July 2019 after Gangwal shot off a letter to the Sebi seeking its intervention