InterGlobe Aviation Limited — Capital/Financing Update 2020

Jun 30, 2020

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June 30, 2020

IGAL/SECT/06-20/11

To National Stock Exchange of India Limited Exchange Plaza, C - 1, Block G Bandra Kurla Complex Bandra - (E) Mumbai - 400 051

To Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001

Dear Sir/ Madam,

Sub : Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure - Requirements) Regulations, 2015 Grant of Options

Ref : InterGlobe Aviation Limited (Symbol: INDIGO/Scrip Code: 539448)

In compliance with Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Nomination and Remuneration Committee has granted 1,474,894 stock options to certain employees of the Company, under InterGlobe Aviation Limited - Employees Stock Option Scheme 2015.

The details as required, under Listing Regulations read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015, are attached as Annexure I to this letter.

This is for your information and record.

Thanking you,

For InterGlobe Aviation Limited

Digitally signed by SANJAY SANJAY KUMAR GUPTA DN: c=IN, o=Personal, postalCode=400070, st=MAHARASHTRA, KUMAR serialNumber=4614788785ee5d8 13628a75e689355a21763684e9ce dea12d6c053212848c376, GUPTA cn=SANJAY KUMAR GUPTA Date: 2020.06.30 16:05:30 +05'30' Sanjay Gupta Company Secretary and Chief Compliance Officer

Encl: Annexure - I

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Annexure – I

S. No.	Particulars	Details
1.	Brief details of options granted	1,474,894 stock options under InterGlobe AviationLimited - Employees Stock Option Scheme 2015
2.	Whether the scheme is in terms ofSEBI (SBEB) Regulations, 2014	Yes
3.	Total number of shares coveredby these options	1,474,894 equity shares
4.	Pricing formula	Exercise price of Rs. 765 per share
5.	Options vested	Not applicable
6.	Time within which option maybe exercised	All Options must be Exercised within four years of theVesting Date.
7.	Options exercised	Not applicable
8.	Money realized by exercise ofOptions	Not applicable
9.	The total number of sharesarising as a result of exercise ofOptions	Not applicable
10.	Options lapsed	Not applicable
11.	Variation of terms of options	No variation
12.	Brief details of significant terms	All options will vest over a period of four years, intranches from the date of grant and must be Exercisedwithin four years of the Vesting Date
13.	Subsequentchangesorcancellation or exercise of suchOptions	There is no change, cancellation or exercise
14.	Diluted earnings per sharepursuant to issue of equityshares on exercise of options	No options have been exercised till date