{"id":454533,"date":"2021-12-07T09:17:57","date_gmt":"2021-12-07T03:47:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=454533"},"modified":"2021-12-07T10:27:56","modified_gmt":"2021-12-07T04:57:56","slug":"indigo-parent-company-to-hold-egm-in-december-end-to-amend-articles-of-association","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-parent-company-to-hold-egm-in-december-end-to-amend-articles-of-association\/","title":{"rendered":"IndiGo parent company to hold EGM in December end to amend articles of association"},"content":{"rendered":"<p>Interglobe Aviation NSE 3.81 % has again called for a extraordinary general meeting (EGM) in December end to amend articles in the shareholders agreement that, among other things, says one promoter needs the approval of another before selling shares to a third party.Interglobe Aviation runs the country&#8217;s biggest airline IndiGo. The company&#8217;s shareholders had rejected a similar proposal in an EGM last year, called at the behest of one of the founders Rakesh Gangwal.<\/p>\n<p>Gangwal and his partner Rahul Bhatia have been locked in a bitter feud over several clauses in the shareholders&#8217; agreement drawn up at the time of IndiGo&#8217;s inception and later amended.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interglobe Aviation NSE 3.81 % has again called for a extraordinary general meeting (EGM) in December end to amend articles in the shareholders agreement that, among other things, says one promoter needs the approval of another before selling shares to a third party.Interglobe Aviation runs the country&#8217;s biggest airline IndiGo. The company&#8217;s shareholders had rejected a similar proposal in an EGM last year, called at the behest of one of the founders Rakesh Gangwal. Gangwal and his partner Rahul Bhatia have been locked in a bitter feud over several clauses in the shareholders&#8217; agreement drawn up at the time of [&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":[192,130,136],"tags":[],"class_list":["post-454533","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/454533","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=454533"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/454533\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=454533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=454533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=454533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}