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INDIGO EGM
IndiGo's co-founder Rakesh Gangwal resigns from InterGlobe board with immediate effectHis letter to the board came barely two weeks after his partner Rahul Bhatia, with whom he has sparred for long, assumed the position of ma...19 Feb, 2022, 12.34 AM IST- Rakesh Gangwal resigns from IndiGo board, to reduce stake in firmIn his resignation letter, he also said he will “slowly” reduce stake in the company for the next five years.18 Feb, 2022, 05.06 PM IST
- Shareholders okay tweak in IndiGo’s contentious clausesThe clauses were the bone of contention in a bitter feud between the two. The clause, when amended, lifts one barrier to any sale of shares...31 Dec, 2021, 07.18 AM IST
- IndiGo EGM call signals truce among promotersThe EGM has been called to amend the AoA, which, among other things, say that if one promoter decides to sell his shares, the other has the...24 Dec, 2021, 06.30 AM IST
- Indigo jumps 5% as call for EGM hints at resolution of feud between promotersFollowing a joint request from promoters, the meeting will be held on December 30.07 Dec, 2021, 11.41 AM IST
- IndiGo parent company to hold EGM in December end to amend articles of associationThe company's shareholders had rejected a similar proposal in an EGM last year, called at the behest of one of the founders Rakesh Gangwal....06 Dec, 2021, 08.16 PM IST
- IndiGo pays Rs 2.1 crore to settle case with SebiThe capital markets regulator said in its order on Tuesday, Rakesh Gangwal, co-founder of InterGlobe Aviation, had in his complaint alleged...10 Feb, 2021, 07.29 AM IST
- IndiGo shareholders reject Gangwal’s proposal at EGMHowever, these provisions remain in the AoA, making it difficult for either promoter to exit.30 Jan, 2020, 08.33 AM IST
- IndiGo shareholders reject amending Article of Association: ReportsIndiGo held its extraordinary general Meeting (EGM) today to discuss deletion of rules that make it tough for the main shareholders to sell...29 Jan, 2020, 05.45 PM IST
- Management commentary, not numbers, important for Bajaj twins: Devang Mehta, Centrum WealthIf there is evidence of the economy improving, then Bajaj Finance probably would be improving a little more faster and management will soun...29 Jan, 2020, 12.01 PM IST
- Don't see board room issues impacting IndiGo's performance: Hardeep Singh PuriThe differences between co-founders and co-promoters -- Rakesh Gangwal and Rahul Bhatia -- came to the fore in July 2019 after Gangwal soug...27 Jan, 2020, 06.48 PM IST
- After Market: IIFL Sec, IndiGo, DMart & IT names fly high; 223 hit upper circuitsShares of IIFL Securities hit the 5 per cent upper circuit limit for the second day in a row.03 Jan, 2020, 05.46 PM IST
- InterGlobe to hold shareholders meet on Jan 29The differences between co-founders and co-promoters -- Rakesh Gangwal and Rahul Bhatia -- came to the fore in July 2019 after Gangwal soug...03 Jan, 2020, 03.36 PM IST
- Related-party deals probed by inhouse panel: IGEThe IGE Group said, "Paan ki dukaan is well run and managed by a competent set of managers".13 Jul, 2019, 08.47 AM IST
- IndiGo spat: Rahul Bhatia's group responds to Gangwal's allegations, says 'paan ki dukaan' has apparently done well"Gangwal's charges bout lack of corporate governance are much ado about nothing," InterGlobe Aviation said.12 Jul, 2019, 08.33 PM IST
- Details of IndiGo row out: Here's what led to this unprecedented dogfightDifferences between the promoters of the country's largest airline IndiGo came into public on Tuesday.10 Jul, 2019, 08.53 PM IST
- IndiGo promoters’ feud takes serious turn; Gangwal seeks Sebi’s interventionGangwal in a letter to Sebi has alleged “collapsing corporate governance standards” at IndiGo.10 Jul, 2019, 08.43 PM IST
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