The article below represents a preview only and is not meant for reuse or republishing.
IndiGo to seek shareholder nod to take woman director on board
Click here to read full article from source
New Delhi, July 20 -- InterGlobe Aviation Ltd, which runs the country's largest airline, IndiGo, on Saturday said it will seek shareholder approval for induction of an independent woman director.
A company statement said at the end of a meeting of the board of directors here that shareholder nod will be sought at an annual general meeting for expanding the directorships to enable this.
Having a woman independent director on board was one of the several demands made by IndiGo's co-founder Rakesh Gangwal in his letter to capital market regulator Sebi earlier this month in which he claimed corporate governance lapses in the company. InterGlobe Aviation chief executive officer Ronojoy Dutta told analysts on Friday that the company was in th...
To read the full article or to get the complete feed from this publication, please Contact Us