{"id":459483,"date":"2021-12-31T09:17:22","date_gmt":"2021-12-31T03:47:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=459483"},"modified":"2021-12-31T10:01:44","modified_gmt":"2021-12-31T04:31:44","slug":"shareholders-okay-tweak-in-indigos-contentious-clauses","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/shareholders-okay-tweak-in-indigos-contentious-clauses\/","title":{"rendered":"Shareholders okay tweak in IndiGo\u2019s contentious clauses"},"content":{"rendered":"<p>Mumbai: The shareholders of InterGlobe Aviation, which operates domestic airline IndiGo NSE 0.44 %, on Thursday approved a resolution seeking an amendment to the Articles of Association (AoA) of the company, some of which give one founder the first right to purchase the other\u2019s shares in the company if the latter decides to sell. <\/p>\n<p>InterGlobe\u2019s founders Rahul Bhatia and Rakesh Gangwal have been locked in a feud over several articles in the AoA since 2019. An amendment will lift several barriers to any sale of shares by a founder to a third party. The founders own 74.44% in InterGlobe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: The shareholders of InterGlobe Aviation, which operates domestic airline IndiGo NSE 0.44 %, on Thursday approved a resolution seeking an amendment to the Articles of Association (AoA) of the company, some of which give one founder the first right to purchase the other\u2019s shares in the company if the latter decides to sell. InterGlobe\u2019s founders Rahul Bhatia and Rakesh Gangwal have been locked in a feud over several articles in the AoA since 2019. An amendment will lift several barriers to any sale of shares by a founder to a third party. The founders own 74.44% in InterGlobe.<\/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-459483","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\/459483","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=459483"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/459483\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=459483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=459483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=459483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}