IndiGo additional borrowing approved; top management reappointed

InterGlobe Aviation, parent of IndiGo, has received shareholders’ approval to increase its borrowing limit to Rs 20,000 crore from the earlier level of Rs 15,000 crore. The re-appointment of Aditya Ghosh as Director, Devadas Mallya Mangalore as Chairman and Non-Executive Independent Director, and Anupam Khanna as Non-Executive Independent Director has also been approved.