IndiGo to invest USD 820 mn in subsidiary for aircraft acquisition

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....ndiGo to invest USD 820 mn in subsidiary for aircraft acquisition<BR>PTI News<BR>Dated:- 21-11-2025<BR>PTI<BR>Mumbai, Nov 21 (PTI) Domestic carrier IndiGo on Friday said it has approved an investment ....

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....of USD 820 million (about Rs 7,270 crore) in its wholly-owned subsidiary InterGlobe Aviation Financial Services IFSC Private Limited for aircraft acquisition. The investment will be made through a c....

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....ombination of equity shares and 0.01 per cent non-cumulative optionally convertible redeemable preference shares (OCRPS), in one or more tranches, the airline said in a statement. The funds raised b....

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....y the subsidiary firm will be primarily deployed towards acquisition of aviation assets, thereby enabling ownership of aircraft, the airline said. IndiGo has 411 aircraft in its fleet as on November....

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.... 21, according to aircraft fleet tracking website planespotter.net, with 365 in operations and the remaining 46 on ground. PTI IAS RAM HVA<BR> News - Press release - PIB....