IndiGo did not receive SEBI letter on related party deal disclosures

The airline company clarified on the news item on Tuesday post-market hours that it has not received any communication from SEBI in this regard.

Feb 26, 2020 03:02 IST India Infoline News Service

Indigo-Airlines
InterGlobe Aviation (IndiGo), among the fastest-growing carriers in the world, clarified on the news item on Tuesday post-market hours that it has not received any communication from SEBI in this regard.

“We refer to your email dated February 25, 2020, with reference to a recent news item which appeared in the "CNBC TV18" dated February 25, 2020, captioned as "SEBI finds undisclosed related party transactions at lndiGo in the preliminary enquiry", the airline company said.

“We would like to state that the news item published in some media reports is factually incorrect and the Company has not received any communication from SEBI in this regard,” the airline company added.

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