{"id":422766,"date":"2021-06-28T08:32:51","date_gmt":"2021-06-28T03:02:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=422766"},"modified":"2021-06-28T09:21:52","modified_gmt":"2021-06-28T03:51:52","slug":"interglobe-aviation-shareholders-approve-plan-to-raise-rs-3000-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/interglobe-aviation-shareholders-approve-plan-to-raise-rs-3000-crore\/","title":{"rendered":"InterGlobe Aviation shareholders approve plan to raise Rs 3,000 crore"},"content":{"rendered":"<p>Shareholders of InterGlobe Aviation, parent of the country&#8217;s largest airline IndiGo, have approved a proposal to raise up to Rs 3,000 crore.<\/p>\n<p>The funds would be raised through the Qualified Institutional Placement route. <\/p>\n<p>The remote e-voting on the proposal commenced on May 27 and ended on June 25. Shareholders of the company have cleared the proposal, it said in a regulatory filing on Saturday.<\/p>\n<p>Amid the airline industry facing strong headwinds due to the coronavirus pandemic, the company&#8217;s board, on May 10, gave its nod to raise up to Rs 3,000 crore through sale of shares to institutional investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shareholders of InterGlobe Aviation, parent of the country&#8217;s largest airline IndiGo, have approved a proposal to raise up to Rs 3,000 crore. The funds would be raised through the Qualified Institutional Placement route. The remote e-voting on the proposal commenced on May 27 and ended on June 25. Shareholders of the company have cleared the proposal, it said in a regulatory filing on Saturday. Amid the airline industry facing strong headwinds due to the coronavirus pandemic, the company&#8217;s board, on May 10, gave its nod to raise up to Rs 3,000 crore through sale of shares to institutional investors.<\/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":[135,167,130],"tags":[],"class_list":["post-422766","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/422766","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=422766"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/422766\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=422766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=422766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=422766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}