Corporate News     04-Sep-23
Outcome of board meeting of Interglobe Aviation
Held on 04 September 2023
The Board of Interglobe Aviation at its meeting held on 04 September 2023 has approved:

pproved: a) Incorporation of a wholly owned subsidiary of the Company
b) Investment up to Rs 30 crore in one or more tranches
c) Issuing corporate guarantees of up to USD 996 million (or an equivalent amount in Indian Rupees or any other currency) to secure the payment obligations of aforesaid wholly owned subsidiary.

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