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InterGlobe Aviation Ltd ( (IN:INDIGO) ) has provided an announcement.
InterGlobe Aviation’s ESOP Allotment Committee has approved the allotment of 500 equity shares following the exercise of vested stock options under the InterGlobe Aviation Limited Employee Stock Option Scheme 2023. The new shares, issued at a par value and exercise price of Rs 10 each on 5 January 2026, increase the company’s total issued share capital to Rs 386.59 crore, resulting in a marginal dilution that nonetheless signals ongoing use of equity-based incentives to align employees’ interests with those of shareholders.
More about InterGlobe Aviation Ltd
InterGlobe Aviation Limited, which operates IndiGo, is a listed Indian airline company whose equity shares trade on the National Stock Exchange of India and BSE. The company, incorporated under CIN L62100DL2004PLC129768, provides air transportation services and is a key player in India’s aviation sector, with its registered office in New Delhi and corporate office in Gurugram.
Average Trading Volume: 71,902
Technical Sentiment Signal: Buy
Current Market Cap: 1974.1B INR
See more data about INDIGO stock on TipRanks’ Stock Analysis page.