💠💠The board of InterGlobe Aviation Ltd, which runs IndiGo, India’s largest airline, will consider a proposal to induct new directors at its board meeting slated for Friday, said two people with direct knowledge of the matter.
A proposal will be placed before the board to grow its strength to probably a dozen directors from the current six when it meets to approve IndiGo’s quarterly results, the people cited above said on condition of anonymity.
The plan to add more directors follows allegations of corporate governance violations against co-founder Rahul Bhatia by his estranged partner, Rakesh Gangwal. The proposed board expansion has been a contentious issue between the two promoters.
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