InterGlobe Aviation gets nod to expand board size to 10

NEW DELHI : InterGlobe Aviation Ltd, which operates India’s largest airline, IndiGo, on Wednesday said its shareholders have approved the alteration of the company’s Articles of Association (AoA) to expand the size of the board to 10 from six, as well as reappointment of promoter Rahul Bhatia as a director and reappointment of chairman M. Damodaran as an independent director for five years.

The shareholders also approved other resolutions at InterGlobe’s 16th annual general meeting on Tuesday at New Delhi, including the appointment of S.R. Batliboi Co. Llp as the statutory auditors, extending travel benefits to non-executive directors, appointment of Anil Parashar as an independent non-executive director, and paying profit-related commission to independent directors.