InterGlobe Aviation Limited, the parent company of IndiGo airlines, has announced another allotment of equity shares under its Employee Stock Option Scheme (ESOP) 2023. The latest decision was made during the ESOP Allotment Committee meeting held on January 5, 2026, following a previous allotment in November 2025.

Latest Allotment Details

The company's recent ESOP allotment demonstrates continued employee participation in the stock option scheme:

Updated Share Capital Position

Following this latest allotment, InterGlobe Aviation's financial position has been updated:

ESOP Scheme Framework

The shares were allotted under the InterGlobe Aviation Limited Employee Stock Option Scheme 2023. This scheme was filed with the stock exchanges on September 6, 2023, with filing numbers NSE/LIST/37358 for the National Stock Exchange of India Limited and DCS/IPO/SC/ESOP-IP/2906/2023-24 for BSE Limited.

Regulatory Compliance

The allotment was conducted in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The newly issued equity shares are identical in all respects to the existing shares and will be listed on both NSE and BSE where the company's shares are currently traded.

Corporate Governance Impact

The continued implementation of the ESOP scheme reflects InterGlobe Aviation's ongoing commitment to employee engagement and retention. These regular allotments under the scheme demonstrate active employee participation and the company's strategy to align workforce interests with shareholder value creation.

Interglobe Aviation , the parent company of IndiGo, India's largest airline, has reported a significant financial setback in its latest quarterly results. The company's performance highlights the volatile nature of the aviation industry and the impact of external factors on its bottom line.

Financial Performance Overview

IndiGo's financial results for the second quarter paint a complex picture:

Key Highlights

• Reversal of Fortune: The Q2 loss of Rs 2,582.00 crore marks a stark contrast to the Rs 2,176.00 crore profit reported in the previous quarter.
• Revenue Growth: Despite challenges, revenue from operations grew by 9% year-on-year, driven by both passenger and ancillary businesses.
• Passenger Ticket Revenues: Increased by 11.2% to Rs 15,967.00 crore.
• Ancillary Revenues: Grew by 14% to Rs 2,141.00 crore.

Factors Influencing Performance

Interglobe Aviation attributes the substantial loss primarily to foreign exchange movements. The company stated that excluding the currency impact, it would have posted a profit of Rs 104.00 crore. This underscores the significant role that currency fluctuations play in the airline's financial health.

Expense Management

The total expenses surged by 18% to Rs 22,081.00 crore, outpacing the revenue growth. This increase in costs, coupled with the foreign exchange impact, contributed to the widening of losses compared to the same quarter last year.

Market Perspective

Nuvama, a financial services firm, has maintained a 'Hold' rating on IndiGo stock with a target price of Rs 5,330.00. However, they noted that the Q2 EBITDAR was down 62% year-on-year and missed consensus estimates by 39%, indicating that the company's performance fell short of market expectations.

Looking Ahead

As Interglobe Aviation navigates through these challenging times, investors and industry observers will be keenly watching how the company manages its foreign exchange exposure and controls its expenses. The ability to balance revenue growth with cost management will be crucial for IndiGo's financial recovery in the coming quarters.

The aviation sector remains susceptible to various external factors, including fuel prices, currency fluctuations, and global economic conditions. IndiGo's performance in the subsequent quarters will likely depend on how effectively it can mitigate these risks while capitalizing on the growing demand for air travel in India.