{"id":413537,"date":"2021-05-05T09:29:42","date_gmt":"2021-05-05T03:59:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=413537"},"modified":"2021-05-05T10:00:27","modified_gmt":"2021-05-05T04:30:27","slug":"indigo-board-to-meet-on-7-may-to-discuss-raising-funds-through-qip","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-board-to-meet-on-7-may-to-discuss-raising-funds-through-qip\/","title":{"rendered":"IndiGo board to meet on 7 May to discuss raising funds through QIP"},"content":{"rendered":"<p>New Delhi: The board of directors of InterGlobe Aviation Limited, which operates the country&#8217;s largest airline IndiGo, will meet on 7 May to consider raising funds through a qualified institutional placement (QIP), the company said in a stock exchange notification on Tuesday. <\/p>\n<p>IndiGo had earlier in January shelved plans to raise funds up to \u20b94,000 crore through a qualified institutional placement (QIP), opting instead to raise money through sale and lease back (SLB) transactions and other alternative options. <\/p>\n<p>QIPs are a way to issue shares to the public without going through standard regulatory compliance, while SLB is a transaction in which the owner sells the aircraft, and then takes it back on lease from the buyer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: The board of directors of InterGlobe Aviation Limited, which operates the country&#8217;s largest airline IndiGo, will meet on 7 May to consider raising funds through a qualified institutional placement (QIP), the company said in a stock exchange notification on Tuesday. IndiGo had earlier in January shelved plans to raise funds up to \u20b94,000 crore through a qualified institutional placement (QIP), opting instead to raise money through sale and lease back (SLB) transactions and other alternative options. QIPs are a way to issue shares to the public without going through standard regulatory compliance, while SLB is a transaction in [&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":[188,139,130],"tags":[],"class_list":["post-413537","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\/413537","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=413537"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/413537\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=413537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=413537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=413537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}