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InterGlobe Aviation Limited — Capital/Financing Update 2023
Aug 2, 2023
61901_rns_2023-08-02_88752f3a-dde8-4647-87b5-ada49f5bccd1.pdf
Capital/Financing Update
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August 2, 2023
IGAL/SECT/08-23/7
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
Re : Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations“)
Dear Sir / Madam,
In compliance with Regulation 30 and other applicable regulations of the SEBI LODR Regulations, we wish to inform that the Board of Directors of the Company at its meeting held on August 2, 2023 have approved incorporation of Limited Liability Partnership as per the details given below:
| Details | Particulars |
|---|---|
| Name of the Entity | Limited Liability Partnership to be incorporated |
| Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group companies have any interest in the entity being acquired |
No |
| Industry | Aviation, consumer and allied sectors |
| Objects and impact of acquisition (including but not limited to the, disclosure of reasons for acquisition of target entity) |
Investment into startups operating in aviation, consumer and allied sectors such as travel & lifestyle, hospitality, and transportation |
| Brief details of any government or regulatory approvals required for the acquisition |
NA |
| Indicative time period for completion of the acquisition |
3 years |
| Consideration/ Investment amount | Rs. 7 Crore |
| Percentage of shareholding/ control acquired | 100% |
| Brief background about the entity acquired in terms of products/ line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information |
Not Applicable |
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InterGlobe Aviation Limited Registered Office: Upper Ground Floor, Thapar House, Gate No. 2, Western Wing, 124 Janpath, New Delhi – 110 001, India. M +91 9650098905, F + 91 11 43513200 Email: [email protected] Corporate Office: Level1, Tower C, Global Business Park, M G Road, Gurgaon - 122 002, Haryana, India. T +91 124 435 2500. F + 91 124 406 8536 CIN no.: L62100DL2004PLC129768
This is for your information and record.
Thanking you,
For InterGlobe Aviation Limited
Digitally signed by SANJAY GUPTA Date: 2023.08.02 16:30:01 +05'30'
SANJAY SANJAY GUPTA GUPTA Date: 2023.08.02 16:30:01 +05'30' Sanjay Gupta Company Secretary and Chief Compliance Officer Membership No: FCS 7729