IndiGo pays Rs 2.1 crore to SEBI in lieu of allegedly violating norms

Interglobe Aviation, that runs IndiGo, has paid SEBI Rs 2.10 cr under the consent mechanism of the regulator in the case of alleged violations of listing norms and lapses of corporate governance. The company however, SEBI said, has not admitted or denied any violation on its part. Indigo came under the scanner after the regulator received a complaint from Rakesh Gangwal, co-promoter of firm in 2019, alleging corporate governance lapses against his partner Rahul Bhatia.

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