InterGlobe Aviation Limited — Capital/Financing Update 2025

Mar 12, 2025

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March 12, 2025

IGAL/SECT/3-25/1

To To National Stock Exchange of India Limited BSE Limited Exchange Plaza, C - 1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra - (E), Mumbai - 400 051 Mumbai - 400 001 Symbol: INDIGO Scrip Code: 539448

Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/ Madam,

The Board of Directors of the Company in its meeting held on Wednesday, March 12, 2025, interalia , considered and approved an investment of upto INR 3,940 million (USD 45 million approximately), in one or more tranches, in the equity shares of InterGlobe Aviation Financial Services IFSC Private Limited, a wholly owned subsidiary of the Company.

The details of the transaction are enclosed as Annexure - A.

The Board meeting commenced at 11:00 a.m. (IST) and concluded at 02:45 p.m. (IST). This is for your information and record.

Thanking you,

For InterGlobe Aviation Limited

Digitally signed NEERJA by NEERJA SHARMA SHARMA Date: 2025.03.12 15:01:38 +05'30' Neerja Sharma Company Secretary and Chief Compliance Officer

Encl: a/a

InterGlobe Aviation Limited

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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: corporate@goindigo.in Corporate Office: Emaar Capital Tower-II, Sector-26, Sikanderpur Ghosi, MG Road, Gurugram-122002, Haryana, India. T +91 124 435 2500. CIN no.: L62100DL2004PLC129768

Annexure – A

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Details as required under Regulation 30 of SEBI Regulations in respect of the acquisition:

	Details as required under Regulation 30	Details as required under Regulation 30	of SEBI Regulations in respect of the acquisition:	of SEBI Regulations in respect of the acquisition:
	Details		Particulars
	Name of the target entity, details in briefsuch as size, turnover etc.		InterGlobe Aviation Financial Services IFSC PrivateLimited (“IndiGo IFSC”)IndiGo IFSC was incorporated under the Companies Act2013 on October 12, 2023, as a wholly owned subsidiaryof the Company.IndiGo IFSC did not commence its operations till March31, 2024 and therefore, had not generated any turnoverfor FY 2023-24.
	Whether the acquisition would fall withinrelated party transaction(s) and whetherthe promoter/ promoter group companieshave any interest in the entity beingacquired? If yes, nature of interest and		Yes, the said investment by the Company would fallunder related party transaction(s) as IndiGo IFSC is awholly owned subsidiary of the Company.The proposed investment is being made at the fairvaluation of equity shares of Indigo IFSC arrived, basisthe valuation report obtained from an independentCategory-1 Merchant Banker and therefore, the same isat arm’s length.
	details thereof and whetherdone at “arm’s length”;	the same is	valuation of equity shares of Indigo IFSC arrivethe valuation report obtained from an inde
			Category-1 Merchant Banker and therefore, theat arm’s length.
	Industry to which the entity bebelongs	ing acquired	Financial Services
	if	iii	Thi i ill ili Ii IF
	Objectsandmpactoacquston(including but not limited to, disclosure ofreasons for acquisition of target entity, ifits business is outside the main line ofbusiness of the listed entity)
	Brief details of any government orregulatory approvals required for the		None
	acquisition
	Indicative time period for completion ofthe acquisition		Within 3 months from the date of approval by the Boardof Directors
	Consideration - whether cash consider-ation or share swap or any other form anddetails of the same		Cash consideration

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: corporate@goindigo.in

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Corporate Office: Emaar Capital Tower-II, Sector-26, Sikanderpur Ghosi, MG Road, Gurugram-122002, Haryana, India. T +91 124 435 2500. CIN no.: L62100DL2004PLC129768

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Cost of acquisition and/or the price at Upto INR 3,940 million (USD 45 million approximately) which the shares are acquired Percentage of shareholding/ control There will be no change in shareholding percentage and acquired and/ or number of shares IndiGo IFSC will continue to remain a wholly owned acquired subsidiary of the Company. Brief background about the entity IndiGo IFSC was incorporated under the Companies Act, acquired in terms of products/ line of 2013 on October 12, 2023, as a wholly owned subsidiary business acquired, date of of the Company to carry on business as an International incorporation, history of last 3 years Financial Services Centre unit in accordance with turnover, country in which the acquired International Financial Services Centres Authority Act, entity has presence and any other 2019. significant information IndiGo IFSC is engaged in aircraft and aircraft engine leasing and providing financial services for such transactions.

Last threeyears turnover(INR million.)	Last threeyears turnover(INR million.)
2023-242022-23	2021-22
NilNA	NA
Country of presence: Gujarat International Finance Tec-
City (GIFT City), India

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: corporate@goindigo.in

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Corporate Office: Emaar Capital Tower-II, Sector-26, Sikanderpur Ghosi, MG Road, Gurugram-122002, Haryana, India. T +91 124 435 2500. CIN no.: L62100DL2004PLC129768