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IndiGo expands Board of administrators to 10 members | IndiGo turned out to be a mutual battle, inducted unbiased administrators

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Mumbai: Indiglob Aviation, the parent company of Indigo, has expanded its board of directors to 10 members and will have four independent directors in the expanded board of directors. This decision came in the backdrop of a recent fight between co-promoters Rakesh Gangwal and Rahul Bhatia. This fight is about corporate governance.

Indigo said in a regulatory admission on Sunday evening, "The company's board of directors decided to amend the Articles of Association of the Company in the meeting of 20 July 2019 and decided to number 10 members of the Board of Directors, in which four independent Director will be included. "

Currently there are six members in its board of directors. This includes Chairman M. Damodaran. Damodaran has been the Sebi chief in the East. The company said on July 19 that its board of directors has sought shareholders' approval for expansion.

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$(Omain).after(outbrain_script); var rhs = $('.main-article > .row > div.article-right-part > div.rhs394331:first').clone(); $(rhs).find('.ad-one').attr("id", "ad-300-" + x).empty(); $(rhs).find('.ad-two').attr("id", "ad-300-2-" + x).empty(); //$('.main-article > .row > div.article-right-part > div.rhs394331:first').clone().appendTo('.main-article > .row > div.main-rhs' + x); $(rhs).appendTo('.main-article > .row > div.main-rhs' + x); */

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return false; // stops the iteration after the first one on screen

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