InterGlobe Aviation Limited — JV/Acquisition, 25-10-2024: Acquisition

InterGlobe Aviation Limited's Board approved unaudited financial results for the half-year ending September 30, 2024, and announced a ₹295 crore investment in IndiGo Ventures Fund – I, focusing on equity in early-stage start-ups within the aviation sector. No previous turnover exists as the fund is newly established. This is classified as a related party transaction but is conducted at arm's length, with the agreement expected to be executed in FY25 over multiple tranches.