InterGlobe Aviation board to discuss further on raising funds
New Delhi: The board of InterGlobe Aviation NSE -1.91 %, the parent of the country’s largest airline IndiGo, on Thursday decided to further deliberate on plans to raise funds. A day after announcing financial results for the June quarter, the company’s board met on Thursday to discuss fund raising.
According to a regulatory filing, the board at its meeting held on Thursday “decided to further deliberate on the matter relating to raising of funds at a subsequent board meeting.”
Specific details were not disclosed.
In a regulatory filing on July 24, the company said its board would meet on July 30 (Thursday) to discuss and consider, among other things, raising of funds through issue of equity shares, and/or Foreign Currency Convertible Bonds (FCCBs), among other instruments.
