Chief Executive Officer of InterGlobe Aviation Ltd Ronojoy Dutta spoke at the company’s AGM. In the meeting, he spoke about how IndiGo would focus on increasing revenues even as Qualified Institutional Placement remains an option.
While most companies are scrambling for funding by off-loading shares due to the pandemic, IndiGo’s position has only solidified further. It also helped that the Government has allowed addition capacity.
IndiGo's plan to raise Rs 4,000 cr through QIP depends on sales revenue pick-up: CEO@IndiGo6E https://t.co/NhIT6DUEKe
— ET NOW (@ETNOWlive) September 4, 2020