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Interglobe Aviation Ltd (INGL.NS)

INGL.NS on National Stock Exchange of India

1,718.85INR
13 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Interglobe Aviation Gets SEBI Letter On Co-founder Gangwal
Wednesday, 4 Sep 2019 

Sept 4 (Reuters) - Interglobe Aviation Ltd ::COMPANY HAS RECEIVED AN EMAIL DATED SEPTEMBER 3, 2019 FROM SEBI.EMAIL REQUIRING THE COMPANY TO PROVIDE COMMENTS TO LETTER RECEIVED BY SEBI FROM LEGAL COUNSEL OF RAKESH GANGWAL.COMPANY WILL PROVIDE ITS RESPONSE TO THE SEBI LETER.  Full Article

India's Aviation Regulator Calls For Urgent Meeting With GoAir And IndiGo To Review Performance Of Neo Aircraft - ET Now
Wednesday, 28 Aug 2019 

Aug 28 (Reuters) - ET NOW::INDIA'S AVIATION REGULATOR CALLS FOR URGENT MEETING WITH GOAIR AND INDIGO TO REVIEW PERFORMANCE OF NEO AIRCRAFT - ET NOW.INDIA'S AVIATION REGULATOR CALLS FOR URGENT MEETING WITH GOAIR AND INDIGO TO REVIEW PERFORMANCE OF NEO AIRCRAFT - ET NOW.  Full Article

China Development Bank Financial Announces 9 Purchase & Leaseback Deals With Interglobe Aviation
Wednesday, 31 Jul 2019 

July 31 (Reuters) - China Development Bank Financial Leasing Co Ltd <1606.HK>::UNIT ENTERS INTO NINE PURCHASE AND LEASEBACK AGREEMENT WITH INTERGLOBE AVIATION.INTERGLOBE AVIATION TO ASSIGN RIGHT TO CO'S UNITS TO BUY & TAKE DELIVERY OF 9 NEW AIRBUS A321NEO AIRCRAFT.UNITS EXPECT TO TAKE DELIVERY OF AIRCRAFT UNDER PURCHASE AND LEASEBACK AGREEMENTS BY JANUARY 2020.EACH AIRCRAFT WILL BE LEASED BACK TO INTERGLOBE AVIATION UNDER OPERATING LEASE AGREEMENT.  Full Article

Interglobe Aviation Promoters Call Truce - CNBC-Tv18, Citing Sources
Wednesday, 24 Jul 2019 

July 24 (Reuters) - Interglobe Aviation Ltd ::INTERGLOBE AVIATION PROMOTERS CALL TRUCE, OUTSTANDING ISSUES BEING RESOLVED; FINER DETAILS BEING WORKED OUT - CNBC-TV18, CITING SOURCES.INTERGLOBE AVIATION PROMOTERS AGREE ON BOARD EXPANSION; BOARD TO HAVE 4 INDEPENDENT DIRECTORS - CNBC-TV18, CITING SOURCES.  Full Article

India Regulator Probing Whether InterGlobe CEO Downplayed Co-Founders' Row -ET Now
Thursday, 11 Jul 2019 

July 11 (Reuters) - :INDIA MARKETS REGULATOR PROBING WHETHER INDIGO OWNER INTERGLOBE CEO DOWNPLAYED ROW BETWEEN CO-FOUNDERS - ET NOW .  Full Article

Interglobe Enterprises Says Existence Of RPTs Was Disclosed At Time Of IPO In Public Domain
Wednesday, 10 Jul 2019 

July 10 (Reuters) - Interglobe Aviation Ltd ::INTERGLOBE ENTERPRISES AS CLARIFICATION TO GANGWAL'S LETTER TO SEBI SAYS EXISTENCE OF RPTS WAS DISCLOSED AT TIME OF IPO IN 2015 IN PUBLIC DOMAIN.INTERGLOBE ENTERPRISES SAYS IGE GROUP HAS ENSURED THAT NO ENTITY OF THE GROUP SHOULD TAKE ANY ADVANTAGE UNDER RPTS.INTERGLOBE ENTERPRISES-WITHOUT EXCEPTION, INTERGLOBE AVIATION RECEIVED MORE FAVOURABLE TREATMENT FROM GROUP ENTITIES AS COMPARED TO OTHER CUSTOMERS.INTERGLOBE ENTERPRISES -MATERIALITY OF TRANSACTIONS FOR IGAL NOT SIGNIFICANT; IT IS ONLY 0.53% OF IGAL’S CONSOLIDATED TURNOVER FOR FY 2018-19.  Full Article

Interglobe Aviation Approves Appointment Of Wolfgang Prock-Schauer As President, COO
Monday, 27 May 2019 

May 27 (Reuters) - Interglobe Aviation Ltd ::APPROVED APPOINTMENT OF WOLFGANG PROCK-SCHAUER AS PRESIDENT & CHIEF OPERATING OFFICER.  Full Article

India's Interglobe Aviation March-Qtr Profit Rises Five Fold
Monday, 27 May 2019 

May 27 (Reuters) - Interglobe Aviation Ltd ::MARCH QUARTER PROFIT 5.90 BILLION RUPEES VERSUS PROFIT OF 1.18 BILLION RUPEES LAST YEAR.MARCH QUARTER REVENUE FROM OPERATIONS 78.83 BILLION RUPEES VERSUS 57.99 BILLION RUPEES LAST YEAR.TOTAL DEBT WAS 24.29 BILLION RUPEES AS ON MARCH 31, 2019.INTERGLOBE AVIATION - FLEET OF 217 AIRCRAFT AS OF MARCH 31; NET INCREASE OF 9 AIRCRAFT DURING QUARTER.SAYS FISCAL 2020 YEAR OVER YEAR CAPACITY INCREASE IN ASKS IS EXPECTED TO BE 30%.INTERGLOBE AVIATION LTD - FIRST QUARTER FISCAL 2020 YEAR OVER YEAR CAPACITY INCREASE IN ASKS IS EXPECTED TO BE 30%.RECOMMENDED DIVIDEND OF 5 RUPEES PER SHARE.MARCH-QUARTER RPK 19 BILLION, UP 25.1%.MARCH-QUARTER ASK 22.1 BILLION, UP 29.4%.MARCH QUARTER RASK 3.63 RUPEES, UP 5.9%.  Full Article

Interglobe Aviation's IndiGo Says In Process Of Securing Necessary Approvals To Operate Into China
Wednesday, 15 May 2019 

May 15 (Reuters) - Interglobe Aviation Ltd's IndiGo ::"WE ARE IN THE PROCESS OF SECURING THE NECESSARY APPROVALS TO OPERATE INTO CHINA".WITH EXISTING FLEET AND NEW A321NEO AIRCRAFT, CO WILL HAVE CAPABILITY TO REACH CITIES IN CHINA, MIDDLE EAST, SOUTH EAST ASIA.  Full Article

Interglobe Aviation Approves Appointment Of Ronojoy Dutta As CEO
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Interglobe Aviation Ltd ::SAYS APPROVED APPOINTMENT OF RONOJOY DUTTA, AS CHIEF EXECUTIVE OFFICER.SAYS APPROVED APPOINTMENT OF DUTTA AS CEO FOR 5 YRS.SAYS APPROVED APPOINTMENT OF MELEVEETIL DAMODARAN, INDEPENDENT NON-EXECUTIVE DIRECTOR AS CHAIRMAN OF BOARD.  Full Article

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India's top airline IndiGo co-founder says feud still unresolved

BENGALURU A co-founder of India's biggest airline IndiGo, Rakesh Gangwal, said reports that a truce had been brokered between him and another co-founder Rahul Bhatia over disagreements on corporate governance were "false and misleading."