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InterGlobe Aviation Limited — Remuneration Information 2023
Feb 2, 2023
61901_rns_2023-02-02_43b7297c-6384-4cef-98b1-90ff6031fe38.pdf
Remuneration Information
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February 2, 2023
IGAL/SECT/02-23/04
To To National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, C - 1, Block G BSE Limited Bandra Kurla Complex Phiroze Jeejeebhoy Towers Bandra - (E) Dalal Street Mumbai - 400 051 Mumbai - 400 001
Dear Sir/ Madam,
Sub : Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure " " Requirements) Regulations 1 2015 (the SEBI LODR Regulations )
Ref : lnterGlobe Aviation Limited (Symbol: INDIGO/Scrip Code: 539448)
Dear Sirs,
We hereby notify that upon a review of the remuneration structure for employees and with the desire to review and make a more market relevant compensation structure of the senior management, the Nomination and Remuneration Committee of the Company has decided to not grant any further options out of the 78, 158 Options and rescind the decision taken on February 4, 2022.
The Board of Directors of the Company has been apprised of this recommendation, and the Board of Directors has resolved today to accept the recommendation of the Nomination and Remuneration Committee not to proceed further with the grant of any of the outstanding 78,158 Options.
This is for your information, record and dissemination on the exchange.
Yours sincerely,
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lnterGlobe Aviation limited Registered Office: Upper Ground Rao Thopor House, Gate No. I!, Western Wing, 11!4 J th, New Delhi - 110 001, Indio, M +91 9650098905, F +91 11 43513l!OO,Emoll: corpomteOgolndlgo.ln Corporate Office: Levell, Tower C, Global Business Pork. M G Rood, Gurgoon • 122 002, Ho,yono, Indio. T +91 124 435 2500. F + 91 124 406 8536 CIN no.: L62100Dl2004PLC129768
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