MediumNeutral
Announced Tue, 28 Jul · 09:50 IST
IndiGo shares trade green despite corporate shake-up. Do you own?
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
InterGlobe Aviation (IndiGo) shares opened in the green at around ₹5,255, up from the previous close of ₹5,230, despite the airline announcing a change in finance leadership. Deputy CFO Kiran Thadimarri has been appointed as the new CFO effective July 28, replacing Gaurav Negi who will serve as Advisor to the Managing Director. This marks the seventh major leadership change since co-founder Rahul Bhatia assumed the role of interim managing director in March, with the stock having slipped about 1% in a week and around 9% over the past year.