The issue gives a partial exit to private equity investors TPG Asia and HBM. The promoter share will be diluted from 41.8% to 35.2%. The issue proceeds are going to be used for repayment of borrowings.
IndiGo Q2 Results: Loss narrows YoY to Rs 1,879 crore; revenue rises 26%
IndiGo Q2 Results: Budget airline IndiGo reported narrowing of its consolidated loss to Rs 1,879 crore in the second quarter of FY27, compared with Rs