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\u2019s 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.<\/p>\n
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. According to the sources, responses provided by the company are more like defending the decisions taken.<\/p>\n
After looking into the responses, the watchdog would seek more information, including minutes of audit committee meetings, the sources said. The watchdog might also seek more information from Gangwal after going through the responses provided by the company, they added.<\/p>\n","protected":false},"excerpt":{"rendered":"
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\u2019s 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. According to the sources, responses provided by the company are more like defending the decisions […]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-283954","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283954"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283954\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}