InterGlobe Aviation Limited has completed the allotment of 200 equity shares under its Employee Stock Option Scheme 2023, following the exercise of vested stock options by employees. The ESOP Allotment Committee meeting was conducted on March 5, 2026, from 1100 hours to 1115 hours IST to approve this share allotment.

Share Allotment Details

The company allotted shares with specific parameters that demonstrate the structured nature of the ESOP implementation:

Post-Allotment Capital Structure

Following this share allotment, InterGlobe Aviation Limited's capital structure has been updated to reflect the new equity position:

Regulatory Compliance and Share Characteristics

The allotment was conducted under the InterGlobe Aviation Limited Employee Stock Option Scheme 2023, which was filed with both NSE and BSE on September 6, 2023. The filing numbers were NSE/LIST/37358 for NSE and DCS/IPO/SC/ESOP-IP/2906/2023-24 for BSE.

The newly allotted equity shares are identical in all respects to the existing shares of the company. No lock-in provisions apply to these shares, and no premium was charged beyond the exercise price. The shares have been issued in demat form under the ISIN INE646L01027.

Corporate Governance

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Company Secretary and Chief Compliance Officer Neerja Sharma signed the regulatory filing, ensuring proper corporate governance standards were maintained throughout the process.

InterGlobe Aviation 's IndiGo has announced the commencement of flight operations to four new international destinations, significantly expanding its global route network. The airline has launched services to Athens, Muscat, Jeddah, and Madinah, adding strategic destinations across Europe and the Middle East.

New Route Destinations

The expansion includes diverse geographical markets that cater to different passenger segments:

Strategic Market Expansion

The addition of Athens marks IndiGo's continued push into European markets, providing Indian travelers with direct connectivity to Greece's capital and major tourist destination. The inclusion of Muscat strengthens the airline's presence in the Gulf region, offering passengers access to Oman's commercial hub.

Religious Tourism Focus

The launch of services to Jeddah and Madinah demonstrates IndiGo's strategic focus on religious tourism, particularly catering to Muslim pilgrims traveling for Hajj and Umrah. These Saudi Arabian destinations represent significant demand centers for Indian travelers undertaking religious journeys.

Network Enhancement

This route expansion reflects IndiGo's ongoing strategy to diversify its international operations beyond traditional markets. The new destinations provide passengers with enhanced connectivity options and demonstrate the airline's commitment to serving varied travel purposes, from leisure and business to religious pilgrimage.