InterGlobe Aviation shares fall nearly 2%
Shares of InterGlobe AviationNSE -1.52 % on Wednesday fell nearly 2 per cent amid reports that Sebi has found violations in corporate governance and listing disclosure norms of the company. However, InterGlobe Aviation, the parent company of low-cost airline IndiGo, has denied the allegations and termed the reports as “factually incorrect”.
The company has not received any communication from the markets regulator Securities and Exchange Board of India (Sebi), it said in a clarification to the exchanges.
The stock fell 1.74 per cent to Rs 1,352.65 on the BSE. On the NSE, it fell 1.87 per cent to Rs 1,351.10 per unit.
