Live Breaking News & Updates on Intergloble Aviation Settles Case With Sebi

IndiGo parent InterGloble Aviation pays Rs 2.1 crore to settle case with SEBI
The case pertains to alleged corporate governance lapses and listing norms violations that were raised by IndiGo s co-promoter Rakesh Gangwal in 2019
BusinessToday.In | February 9, 2021 | Updated 23:16 IST
InterGloble Aviation settles case with SEBI
InterGlobe Aviation, the parent of low-cost carrier IndiGo, has paid Rs 2.10 crore to Securities and Exchange Board of India (SEBI) to settle a pending case. The case pertains to alleged corporate governance lapses and listing norms violations that were raised by the company s co-promoter Rakesh Gangwal.
The company has settled the matter without admitting or denying any violation on its part, by paying a settlement charge of Rs 2.1 crore, as per a SEBI notification issued on Tuesday. ....

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