New Delhi, May 28 -- Shares of InterGlobe Aviation Ltd, the parent company of IndiGo Airlines, edged higher by nearly 1 percent in intra-day trading on Wednesday, May 28, after Vikram Singh Mehta has been appointed as IndiGo's Chairman of the Board, succeeding Venkataramani Sumantran.

The press filing stated that Dr. Sumantran, who assumed the chairmanship in May 2022, played a pivotal role in guiding IndiGo's Board during a critical post-COVID phase. Under his leadership, the airline navigated a robust recovery and recorded remarkable growth over the past three years, solidifying its market leadership.

Meanwhile, it added that Vikram Singh Mehta brings decades of rich experience across public administration, policy, and corporate leade...