{"id":331517,"date":"2020-01-30T12:03:35","date_gmt":"2020-01-30T06:33:35","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=331517"},"modified":"2020-01-30T12:03:35","modified_gmt":"2020-01-30T06:33:35","slug":"indigo-egm-shareholders-reject-amending-this-clause","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-egm-shareholders-reject-amending-this-clause\/","title":{"rendered":"IndiGo EGM: Shareholders reject amending this clause"},"content":{"rendered":"<p>The extraordinary general meeting (EGM) of InterGlobe Aviation, which runs low-cost airline IndiGo, on Wednesday rejected the special resolution to amend the Articles of Association of the company, aimed at removing the clause relating to right of first refusal to the co-promoters in case either of them choose to exit.<\/p>\n<p>Curiously, co-founder Rakesh Gangwal, whose RG Group had called for the meeting, was missing from the EGM. IndiGo founders Gangwal and Rahul Bhatia have since last year been involved in a bitter spat over the control of the airline.<\/p>\n<p>The meeting was headed by Meleveetil Damodaran, chairman, board of directors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The extraordinary general meeting (EGM) of InterGlobe Aviation, which runs low-cost airline IndiGo, on Wednesday rejected the special resolution to amend the Articles of Association of the company, aimed at removing the clause relating to right of first refusal to the co-promoters in case either of them choose to exit. Curiously, co-founder Rakesh Gangwal, whose RG Group had called for the meeting, was missing from the EGM. IndiGo founders Gangwal and Rahul Bhatia have since last year been involved in a bitter spat over the control of the airline. The meeting was headed by Meleveetil Damodaran, chairman, board of directors.<\/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-331517","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\/331517","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=331517"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/331517\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=331517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=331517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=331517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}