Monday, August 05, 2019

IndiGo Promoter Dispute: Gangwal Says 10-Member Board Will Lead To Large Governance Loophole

Rakesh Gangwal, co-promoter of InterGlobe Aviation Ltd. that runs India’s largest airline IndiGo, said he is unable to support the special resolution for expanding the company’s board to 10 members in its present form as it will lead to a large governance loophole in favour of the Rahul Bhatia-controlled InterGlobe Aviation Enterprises Group.
Read Mahima Kapoor's story (Bloomberg Quint)in full >>
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