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InterGlobe Aviation Ltd ( (IN:INDIGO) ) has shared an announcement.
InterGlobe Aviation Ltd has announced the allotment of shares following the exercise of vested stock options under its Employee Stock Option Schemes from 2015 and 2023. This move, approved by the ESOP Allotment Committee, involves the issuance of 17,063 equity shares, enhancing the total issued shares to 38,65,80,898. This development reflects the company’s ongoing commitment to employee engagement and retention, potentially impacting its operational dynamics and stakeholder interests.
More about InterGlobe Aviation Ltd
InterGlobe Aviation Ltd, operating under the brand IndiGo, is a major player in the aviation industry, primarily offering passenger airline services. The company is known for its low-cost carrier model and has a significant market presence in India, with its shares listed on the National Stock Exchange of India Limited and BSE Limited.
Average Trading Volume: 54,708
Technical Sentiment Signal: Buy
Current Market Cap: 2196.3B INR
See more insights into INDIGO stock on TipRanks’ Stock Analysis page.