InterGlobe Aviation Ltd - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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| 24 Sep 2021 | |
| Pursuant to Sub-Regulation 3 of Regulation 30 read with clause (8) of para B of Part A of Schedule Ill of the Listing Regulations and in furtherance of the Company''s stock exchange disclosure dated 1 October 2019, we hereby inform you that the Company is in receipt of the final arbitral award dated 23 September 2021 ("Award") issued in the arbitration proceedings initiated by lnterGlobe Enterprises Private limited ("IGE") and Mr Rohul Bhatia (collectively, the "IGE Group") against Mr Rokesh Gangwol. The Chinkerpoo Family Trust and Mrs. Shobha Gangwal (t0llectively, the "RG<BR> Group" and, together with the IGE Group, the "Shareholders") and the Company. The IGE Group had submitted a Request for Arbitration dated 1 October 2019 to the London Court<BR> of International Arbitration, India under the Shareholders'' Agreement dated April 23, 2015 (as amended on September 17, 2015) (the "Shareholders Agreement") executed between, inter-alia, the IGE Group, the AG Group and the Company. | |
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