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IndiGo denies reports on 4 pc stake sale to raise $1 billion

The Political and Business Daily

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June 17, 2025

INTERGLOBE Enterprises, the parent company of IndiGo, on Monday denied media reports which claimed that the budget airline is planning to sell a part of its stake to raise $1 billion.

IndiGo denies reports on 4 pc stake sale to raise $1 billion

In a statement, the company called such reports ‘speculative’ and said they have ‘no factual basis.’

InterGlobe clarified that it remains fully committed to IndiGo and its long-term growth plans.

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