Hot Pursuit     26-Feb-20
Interglobe Aviation bounces after clarification
Interglobe Aviation rose 2.14% to Rs 1406.20 after the company denied media reports suggesting violations in corporate governance and listing disclosure norms of the firm.
With reference to news quoting "Sebi finds undisclosed related party transaction in preliminary inquiry," InterGlobe Aviation clarified post market hours on Tuesday (25 February) that the news item is factually incorrect and the company has not received any communication from Sebi in this regard.

The media reported that a preliminary probe by the Securities and Exchange Board of India (Sebi) has suggested violation of certain listing disclosure norms as also of fair corporate governance practices at the company.

Shares of Interglobe Aviation fell 4.68% to Rs 1376.70 on Tuesday.

Interglobe Aviation reported a consolidated net profit surged 167.86% to Rs 495.97 crore on a 25.45% jump in net sales to Rs 9,931.68 crore in Q3 December 2019 over Q3 December 2018.

Interglobe Aviation (Indigo) is among the fastest growing low cost carriers in the world.

Previous News
  Indigo reports PAT of Rs 3,091 cr in Q1 FY24
 ( Hot Pursuit - 02-Aug-23   17:01 )
  InterGlobe Aviation edges higher on codeshare deal with Japan Airlines
 ( Hot Pursuit - 03-Jun-24   14:47 )
  InterGlobe Aviation to convene board meeting
 ( Corporate News - 17-May-24   16:35 )
  Volumes spurt at Interglobe Aviation Ltd counter
 ( Hot Pursuit - 16-Aug-23   11:00 )
  Volumes soar at Interglobe Aviation Ltd counter
 ( Hot Pursuit - 16-Aug-23   14:30 )
  IndiGo gets demand notice of Rs 1,666 cr
 ( Hot Pursuit - 23-Nov-23   13:12 )
  Interglobe Aviation reports consolidated net loss of Rs 1435.66 crore in the September 2021 quarter
 ( Results - Announcements 28-Oct-21   18:22 )
  Interglobe Aviation
 ( Results - Analysis 05-Nov-22   09:46 )
  Interglobe Aviation reports standalone net loss of Rs 1679.79 crore in the March 2022 quarter
 ( Results - Announcements 25-May-22   17:36 )
  Interglobe Aviation reports consolidated net profit of Rs 129.79 crore in the December 2021 quarter
 ( Results - Announcements 04-Feb-22   17:37 )
  Board of Interglobe Aviation approves incorporation of LLP entity
 ( Corporate News - 02-Aug-23   17:35 )
Other Stories
  PEL board OKs ad hoc appointments post Rupen Patel's passing
  06-Jul-24   16:41
  Info Edge Q1 FY25 billings climb 11% YoY
  06-Jul-24   15:50
  IndusInd Bank advances climb 16% YoY in Q1 FY25
  06-Jul-24   15:18
  Adani Wilmar reports 13% volume growth in Q1 FY25
  06-Jul-24   14:44
  Tata Motors JLR wholesale rises 5% YoY in Q1
  06-Jul-24   13:01
  Marico's domestic biz sees modest volume growth in Q1
  06-Jul-24   12:25
  Titan revenue rises 9% YoY, adds 61 stores in Q1
  06-Jul-24   11:09
  Dabur India expects mid to high digit revenue growth in Q1
  06-Jul-24   10:40
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
Back Top