{"id":284566,"date":"2019-07-26T06:31:31","date_gmt":"2019-07-26T06:31:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=284566"},"modified":"2019-07-26T06:39:33","modified_gmt":"2019-07-26T06:39:33","slug":"indigo-founders-bury-hatchet","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-founders-bury-hatchet\/","title":{"rendered":"IndiGo founders bury hatchet"},"content":{"rendered":"<p>IndiGo founders Rahul Bhatia and Rakesh Gangwal have called a truce on two critical issues \u2014 related party transactions (RPTs) and the composition of the company\u2019s board. <\/p>\n<p>The six-member board of InterGlobe Aviation, the parent of IndiGo, which includes both Bhatia and Gangwal, will be expanded to 10 with the addition of four independent directors. <\/p>\n<p>Bhatia\u2019s InterGlobe Enterprises (IGE) Group will nominate five members to the board, including the CEO, with Gangwal retaining his seat. Amendments to the company\u2019s articles of association (AoA) will be made to reflect the changes. <\/p>\n<p>The company will take shareholder approval for the amendments at its forthcoming annual general meeting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IndiGo founders Rahul Bhatia and Rakesh Gangwal have called a truce on two critical issues \u2014 related party transactions (RPTs) and the composition of the company\u2019s board. The six-member board of InterGlobe Aviation, the parent of IndiGo, which includes both Bhatia and Gangwal, will be expanded to 10 with the addition of four independent directors. Bhatia\u2019s InterGlobe Enterprises (IGE) Group will nominate five members to the board, including the CEO, with Gangwal retaining his seat. Amendments to the company\u2019s articles of association (AoA) will be made to reflect the changes. The company will take shareholder approval for the amendments at [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216,130,148],"tags":[],"class_list":["post-284566","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/284566","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=284566"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/284566\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=284566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=284566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=284566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}