IndiGo’s board permits raising Rs 3,000 crore via QIP
Mon, May 10, 2021 9:02 PM

IndiGo’s board permits raising Rs 3,000 crore via QIP

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IndiGo Monday declares that its board has permitted raising of funds up to Rs 3,000 crore via a qualified institutional placement of shares(QIP). IndiGo’s decision came after taking the continues hit by second wave of Covid 19 infections on the aviation industry. The airline on Tuesday mentioned that it would consider such proposal.

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