IndiGo approves ₹7,294 cr investment for aircraft acquisition
after close1 source ↓written by the desknot a recommendation
- investment
- ₹7,294 cr
- equity shares
- 0.01% OCRPS
IndiGo Airlines has approved a ₹7,294 cr investment in its subsidiary, IndiGo IFSC, to acquire aviation assets. This capital will be raised through equity shares and 0.01% OCRPS. The move aims to shift towards a balanced aircraft ownership model, enhancing its financing strategies amidst GIFT City's rise as a global leasing hub.
Not investment advice. For informational purposes only.