Mumbai: Shares of InterGlobe Aviation, the parent company of IndiGo Airlines, slumped more than 6.5 per cent in early trade on Monday amid mounting scrutiny over the carrier’s ongoing flight disruptions. The stock hit an intra-day low of ₹5,015 on the BSE, before recovering partially to ₹5,159.50 around 9:45 a.m., still down 3.93 per cent.

The sharp sell-off followed the Directorate General of Civil Aviation’s (DGCA) decision to extend the deadline for IndiGo CEO Pieter Elbers to respond to a show-cause notice linked to the airline’s operational breakdown.

The aviation regulator issued the notice to IndiGo’s accountable manager on Sunday, just a day after sending a similar directive to the CEO. The DGCA stated that the large-scale cancellations over the past week caused widespread inconv

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