InterGlobe Aviation Limited — Capital/Financing Update 2020

Mar 11, 2020

IGAUSECT/03-20/02

March 11 , 2020

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

Symbol: INDIGO

Scrip Code: 539448

Dear Sir,

Sub : Disclosure under Regulation 30 of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 - Press Release

In compliance with Regulation 30 of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of the Press Release, to be released by the Company.

This is for your information and record.

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lnterGlobe Aviation Limited

Registered Office: Centro! Wing. Ground Floor, Thapor House. 124 Janpoth. New Delhl-110 001. Indio. F 011-43513200. Email: c0<porote@golndlgo.in

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STOCK EXCHANGE NOTIFICATION: CORONAVIRUS IMPACT

March 11, 2020

• In January and February 2020, IndiGo experienced modest impact from the Coronavirus. We cancelled our flights to China and Hong Kong and reduced frequency to certain other Southeast Asia markets. This capacity was redeployed in other markets without having a material impact on our revenues.

• Over the past few days however, week-on-week, we have seen a 15-20% decline in our daily bookings. Please note that the numbers could change from here based on how the situation evolves.

• We expect our quarterly earnings to be materially impacted because of the above. In addition, the rupee has also depreciated sharply which will have an adverse impact on our dollar denominated liabilities primarily on account of capitalized operating leases.

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