IndiGo to hold board meeting on July 30 to consider raising funds through equity and debt

NEW DELHI: IndiGo on Friday said its board of directors will hold a meeting on July 30 to consider raising funds through measures like issuance of equity shares, foreign currency convertible bonds (FCCBs) and non-convertible debentures.

On July 20, the airline had said it would lay off 10 per cent of its workforce to fly through the “economic storm” caused by the coronavirus pandemic.