Interglobe Aviation Ltd.

InterGlobe Aviation’s (IndiGo) board has approved the raising of funds for an aggregate amount of not exceeding Rs 4,000 crore through an issue of equity shares by way of qualified institutional placement (QIP). The Board of Directors of the company, at its meeting held on August 10, 2020, has considered and approved the same.

InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.