News > IndiGo director resigns from InterGlobe board with immediate effect
IndiGo director resigns from InterGlobe board with immediate effect
Economic Times | 18/02/2022 05:42 PM | Click to read full article
IndiGo's co-founder Rakesh Gangwal has stepped off its board and will sell his holdings in the airline over about five years, he said Friday. His letter to the board came barely two weeks after his partner Rahul Bhatia, with whom he has sparred for long, assumed the position of managing director.
That came a month after a change in articles of association allowed one partner to leave without another exercising the right of first refusal.
