The board of InterGlobe Aviation Limited , parent company of IndiGo announced on Friday, November 21, that it has approved a capital investment of ₹7,294 crore in its wholly owned subsidiary, InterGlobe Aviation Financial Services IFSC Private Limited (IndiGo IFSC), in one or more tranches.

In a letter to the exchanges as required under SEBI regulations, the company clarified that the investment will be made through a combinafion of equity shares (₹6,849.2 crore) and 0.01% Non-Cumulafive Opfionally Converfible Redeemable Preference Shares (₹444.8 crore).

The funds are proposed to be infused during FY 2025-26 in multiple tranches and will be primarily utilised by IndiGo IFSC for for acquisition of aviation assets, "thereby enabling ownership of aircraft," rather than relying mostly on o

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