Mumbai, Nov. 21 -- IndiGo IFSC was incorporated on October 12, 2023, under the Companies Act, 2013, is engaged in aircraft and aircraft engine leasing and providing related financial services. The subsidiary reported a turnover of Rs 289.9 crore in FY25.

The Investment will be made through combination of equity shares and 0.01% non-cumulative optionally convertible redeemable preference shares (OCRPS), in one or more tranches.

Of the total amount, $770 million(approximately Rs 6,849.2 crore) will be infused through equity shares of face value Rs 10 each, valued at Rs 10.92 per share as determined by Independent Category-1 Merchant Banker.

Further, the company will subscribe to 0.01% OCRPS amounting to $50 million (around Rs 444.8 crore...