IndiGo, has approved a capital investment of USD 820 million (approximately INR 72,940 million) in its wholly owned subsidiary, InterGlobe Aviation Financial Services IFSC Private Limited (IndiGo IFSC). The investment will be made through a mix of equity shares and 0.01% non-cumulative optionally convertible redeemable preference shares in one or more tranches.
The funds raised by IndiGo IFSC will primarily support the acquisition of aviation assets, enabling IndiGo to begin owning aircraft directly. Traditionally operating with a fleet largely dependent on leases, IndiGo has been moving toward a more balanced ownership model and diversified financing strategy in recent years.
This strategic step underscores IndiGo’s commitment to prudent capital allocation and long-term value creation for its stakeholders.
