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IndiGo to hold EGM today to vote on changes demanded by Rakesh Gangwal

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IndiGo to hold EGM today to vote on changes demanded by Rakesh Gangwal

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Domestic airline IndiGo will hold hold an extraordinary general meeting EGM) on Wednesday as requested by the company's co-founder Rakesh Gangwal.

Domestic airline IndiGo will hold an extraordinary general meeting EGM) on Wednesday as requested by the company's co-founder Rakesh Gangwal.
The EGM has been convened to vote on the articles of association changes that he had demanded.
The agenda  of the meeting will be changing rules on share sale and purchase, removing right of first refusal and do away with tag-along right from AoA.
Rakesh Gangwal and related entities together hold 36.64 percent stake in the company.
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