Description

InterGlobe Aviation (IndiGo) clarifies that it has not received any communication from SEBI regarding assessment or examination of disclosure failures, contrary to media reports.

Summary

InterGlobe Aviation Limited (IndiGo) has issued a clarification in response to a news article published on Moneycontrol on December 11, 2025, which claimed that SEBI was examining whether IndiGo’s parent company failed in disclosures and that the board’s role was under scrutiny. The company has confirmed that it has not received any communication from SEBI indicating that any assessment or examination has been commenced, making the information in the news article factually incorrect. The company has been responding to routine queries from stock exchanges NSE and BSE regarding ongoing LODR Regulations compliance obligations.

Key Points

  • Company confirms no communication received from SEBI regarding any examination or assessment
  • News article claiming SEBI examination of IndiGo’s disclosure failures is factually incorrect
  • Company has received and responded to routine queries from NSE and BSE under LODR Regulations
  • Company states it is not aware of any undisclosed information that could explain price movement
  • Clarification provided pursuant to Regulation 30(10) of LODR Regulations
  • Company commits to continue making appropriate disclosures in compliance with applicable laws

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Response provided in compliance with Regulation 30(10) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Company responding to specific queries raised by NSE (letter dated December 11, 2025, reference NSE/CM/Surveillance/16161) and BSE (letter dated December 11, 2025, reference L/SURV/ONL/RV/APJ/(2025-2026)/104)
  • Company confirms timely responses to stock exchange queries regarding ongoing LODR obligations

Important Dates

  • December 11, 2025: News article published on Moneycontrol
  • December 11, 2025: NSE and BSE letters seeking clarification received by company
  • December 12, 2025: Company’s clarification letter issued

Impact Assessment

The clarification addresses market speculation and potential investor concerns arising from the media report about SEBI examination. While the company denies any SEBI investigation has commenced, the need for public clarification indicates market sensitivity to the news. The company’s confirmation that it has been responding to routine stock exchange queries suggests normal regulatory oversight rather than any specific enforcement action. This clarification should help stabilize investor sentiment by dispelling rumors of regulatory scrutiny, though it acknowledges ongoing routine compliance interactions with stock exchanges. The impact is moderate as it relates to corporate governance perceptions and investor confidence in one of India’s leading aviation companies.

Impact Justification

Company clarification on media speculation about SEBI examination; no actual regulatory action confirmed but addresses investor concerns about compliance