{"id":410472,"date":"2021-04-13T11:30:56","date_gmt":"2021-04-13T06:00:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=410472"},"modified":"2021-04-13T11:30:56","modified_gmt":"2021-04-13T06:00:56","slug":"majority-of-public-shareholders-vote-against-esop-allotment-to-indigo-ceo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/majority-of-public-shareholders-vote-against-esop-allotment-to-indigo-ceo\/","title":{"rendered":"Majority of public shareholders vote against ESOP allotment to IndiGo CEO"},"content":{"rendered":"<p>NEW DELHI : About two third of the public shareholders of InterGlobe Aviation Limited have voted against a resolution to approve grant of 185,000 stock options to the chief executive of the company, Ronojoy Dutta, despite the promoters of the company that hold a majority stake voting overwhelmingly in favour, according to a company disclosure on the stock exchanges on Monday.<\/p>\n<p>IndiGo&#8217;s promoters entities, including co-founder Rahul Bhatia and Rakesh Gangwal, who polled 288 million votes, voted for the resolution. The promoters and promoter groups control 74.85% voting rights and shareholding in the company.<\/p>\n<p>In comparison, public shareholding, including that of institutions, stands at 25.15%. According to the company disclosure, 61.26% of the total votes polled by public institutions voted against it. Total votes polled by public institutions stood at 67.38 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : About two third of the public shareholders of InterGlobe Aviation Limited have voted against a resolution to approve grant of 185,000 stock options to the chief executive of the company, Ronojoy Dutta, despite the promoters of the company that hold a majority stake voting overwhelmingly in favour, according to a company disclosure on the stock exchanges on Monday. IndiGo&#8217;s promoters entities, including co-founder Rahul Bhatia and Rakesh Gangwal, who polled 288 million votes, voted for the resolution. The promoters and promoter groups control 74.85% voting rights and shareholding in the company. In comparison, public shareholding, including that [&hellip;]<\/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":[188,139,130],"tags":[],"class_list":["post-410472","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410472","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=410472"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410472\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=410472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=410472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=410472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}