InterGlobe Aviation approves grant of stock options

InterGlobe Aviation (INDIGO) announced the approval of a stock option grant by its Nomination and Remuneration Committee on April 2, 2025. The grant encompasses 50,141 performance stock options, issued under the InterGlobe Aviation Limited Employee Stock Option Scheme 2023, which took effect on April 1, 2025. These options can be converted to an equal number of equity shares with a face value of INR 10 each. The options vest subject to continued employment and the achievement of predetermined performance metrics. Vested options can be exercised within four years from the vesting date. The announcement, made in compliance with SEBI LODR Regulations, confirmed there are no planned changes, cancellations, or exercises of options at this time.