IndiGo allots ESOPs, seeks shareholder approval for Amitabh Kant as director

InterGlobe Aviation Limited, operating as IndiGo, has announced the allotment of 1,200 equity shares with a par value of INR 10 each, pursuant to the exercise of vested stock options under its Employee Stock Option Scheme 2023. The allotment, approved by the ESOP Allotment Committee, brings the total issued shares to 386,590,098 and the total issued share capital to INR 3,865,900,980. These new shares are identical in all respects to existing shares and will be listed on both the National Stock Exchange of India (NSE) and BSE Limited (BSE).

Separately, InterGlobe Aviation issued a Postal Ballot Notice for the appointment of Amitabh Kant as a non-executive non-independent director. Kant was initially appointed as an additional director by the board on July 3, 2025, effective September 15, 2025, following security clearance from the ministry of civil aviation. The company seeks shareholder approval for this appointment through remote e-voting, which will commence on November 7, 2025, and conclude on December 6, 2025.

Kant, 69, brings extensive experience as a former Indian bureaucrat, having held key roles including ceo of NITI Aayog and India's Sherpa to the G20 Presidency. He currently serves as a director on the boards of HCL Technologies Limited and Larsen & Tourbo Limited, and is a member of the risk management and corporate social responsibility committees.