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IndiGo's Bhatia unlikely to relent on change in control structure


While Gangwal and his family hold 37 per cent stake in the company, Bhatia and family control 38 per cent.

New Delhi: Even as a dispute rages by the day with letter-bombs being dropped by the warring promoters, IndiGo co-promoter Rahul Bhatia is unlikely to budge from his position and agree to dilute airline's control structure that gives him right to nominate Chairman, CEO and other management personnel.

Sources told IANS that Bhatia was ready for scrutiny of company books by any government agency as there are no deficiencies in its functioning from Company law perspective.

"The issues pertaining ...


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