InterGlobe Aviation Limited has informed the Exchange regarding a press release dated March 10, 2026, titled "Organisational Announcement".
INDIGO · price
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IndiGo's CEO Pieter Elbers has resigned effective close of business on March 10, 2026, citing personal reasons. Elbers had been CEO since September 2022. Founder and Managing Director Rahul Bhatia will take charge of the airline's management on an interim basis until a new CEO is appointed, which the company says is expected shortly. The board thanked Elbers for his contribution during his tenure. The announcement was made after a board meeting that lasted just 15 minutes (1730–1745 IST) on March 10, 2026.
A sudden senior leadership change at India's largest airline may create short-term uncertainty for investors, but the swift move to have founder Rahul Bhatia step in as interim head — combined with the assurance that a permanent replacement is coming soon — should help limit disruption. The stock may see some volatility in the near term until clarity emerges on the new CEO.