Details of IndiGo row out: Here’s what led to this unprecedented dogfight

NEW DELHI: Differences between the promoters of the country’s largest airline IndiGoNSE -5.08 % came into public on Tuesday with Rakesh Gangwal alleging serious governance lapses by co-founder Rahul Bhatia who had earlier termed his demands as unreasonable.

With the issues brewing for nearly a year, Gangwal has sought markets regulator Sebi’s intervention to address the problems.

In a filing to the stock exchanges, InterGlobe Aviation, the parent form of IndiGo, said its board of directors has received a letter from Gangwal and Sebi has also sought a response on the letter.