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SEBI seeks response from IndiGo on corporate governance issues

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Markets regulator SEBI has sought a response from InterGlobe Aviation on a fresh letter by the company’s co-promoter Rakesh Gangwal regarding corporate governance issues.

The latest letter from Gangwal came just days after the company’s annual general meeting held on August 27.Gangwal and co-promoter Rahul Bhatia have differences over certain corporate governance matters at InterGlobe Aviation, the parent of the country’s largest airline IndiGo.

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