Govt wants Sebi to get deeper into IndiGo spat, expand probe to all board members

New Delhi, Jul 11 () The government wants market regulator Sebi to probe role of all board members and every entity associated with the two main promoter groups of InterGlobe Aviation and take strict action for all wrongdoings, officials said.
InterGlobe Aviation is the parent of the country’s largest airline IndiGo.

There are indications about violations of corporate governance, fair market trade and insider trading rules and the regulator needs to probe role of each and every entity associated with all board members and promoter-linked entities, according to the officials.