IndiGo to raise up to ₹4,000 crore through QIP

New Delhi: The board of directors of InterGlobe Aviation Limited, which operates the country’s largest domestic airline IndiGo, has approved raising up to 4,000 crore through a qualified institutions placement, the company said on Monday.The board of directors “at its meeting held today, i.e., August 10, 2020, has considered and approved the raising of funds for an aggregate amount not exceeding 4,000 crores through an issue of equity shares by way of a qualified institutions placement, in accor…

Click here to view the original article.