Indigo share price plunged 5% over reports that Sebi found undisclosed RTPs on Tuesday
The issue of related-party transactions had become a bone of contention between IndiGo co-founders Rakesh Gangwal and Rahul Bhatia. The feud between the two came to light on June 8 last year after Gangwal wrote a letter to market regulator Sebi raising issues related to RPTs and corporate governance.
Shares of InterGlobe Aviation, the company which runs Indigo, fell nearly 5 per cent on the BSE, Photo: IANS