Sebi to seek more info from InterGlobe Aviation on Rakesh Gangwal complaint

NEW DELHI: Markets regulator Sebi will seek more information from InterGlobe Aviation as part of its probe into alleged corporate governance lapses, sources said.

The company, parent of the country’s largest airline IndiGo, has submitted its responses to the watchdog on the issues raised by co-promoter Rakesh Gangwal in his complaint early this month.

The complaint brought the simmering differences between Gangwal and co-promoter Rahul Bhatia into the open. Since then, the company has come under the lens of Sebi as well as the corporate affairs ministry.