InterGlobe Aviation to hold shareholders’ meet on Jan 29
InterGlobe Aviation on Friday said a meeting of shareholders will be convened on January 29 to seek approval for certain changes in the company’s articles of association.
The meeting is being convened following request by co-promoter Rakesh Gangwal and related entities who together hold 36.64 per cent stake in the company, the parent of the country’s largest airline IndiGo.
The differences between co-founders and co-promoters — Rakesh Gangwal and Rahul Bhatia — came to the fore in July 2019 after Gangwal sought market regulator Sebi’s intervention to address alleged corporate governance lapses at the company.
