InterGlobe Aviation Limited has informed the Exchange regarding Outcome of Board Meeting held on March 10, 2026.
INDIGO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of InterGlobe Aviation (IndiGo) accepted the resignation of CEO Pieter Elbers effective close of business on March 10, 2026. Elbers cited personal reasons and asked for his notice period to be waived; he had been CEO since September 2022. Co-founder and Managing Director Rahul Bhatia will step in to manage the airline on an interim basis, and the company said a permanent replacement is expected shortly. The company emphasized continued focus on culture, operational excellence, and customer service. No financial details (such as severance or compensation) were disclosed in the filing. IndiGo operates a fleet of 400+ aircraft, runs 2,200+ daily flights to 95+ domestic and 40+ international destinations, and carried 124 million customers in calendar year 2025.
A sudden CEO exit at India's largest airline may create short-term uncertainty for investors, but the founder-MD taking interim charge and the assurance of a quick permanent appointment should limit disruption. Watch the stock for reaction on March 11, 2026 and monitor the new CEO announcement closely, as leadership stability matters for an airline of this scale.