InterGlobe Aviation Executes Rs. 100.84 Crore Block Trade on NSE

1 min read Updated on 25 Feb 2026, 10:17 AM

Reviewed by

Jubin VScanX News Team

Overview

InterGlobe Aviation Ltd. completed a major NSE block trade worth Rs. 100.84 crores, involving approximately 203,915 shares at Rs. 4945.20 per share. The transaction demonstrates significant institutional activity and continued investor interest in the aviation sector.

*this image is generated using AI for illustrative purposes only.

InterGlobe Aviation Ltd. has executed a significant block trade on the National Stock Exchange (NSE), marking a notable institutional transaction in the aviation sector. The large-volume trade demonstrates continued institutional interest in the airline operator.

Transaction Details

The block trade involved substantial financial parameters that highlight the scale of institutional activity:

Parameter:	Details
Total Transaction Value:	Rs. 100.84 crores
Number of Shares:	~203,915 shares
Price per Share:	Rs. 4945.20
Exchange:	NSE

Block Trade Mechanism

Block trades represent large-volume transactions executed outside regular market hours, typically involving institutional investors seeking to trade substantial quantities without impacting market prices. These transactions provide an efficient mechanism for institutional participants to execute large orders while maintaining market stability.

The execution of this block trade indicates active institutional participation in InterGlobe Aviation's stock, reflecting the continued interest from large investors in the aviation sector. Such transactions often involve mutual funds, insurance companies, foreign institutional investors, or other large market participants looking to adjust their portfolio positions.

Market Implications

The completion of this Rs. 100.84 crore transaction demonstrates the liquidity available in InterGlobe Aviation's shares and the willingness of institutional investors to engage in significant transactions. Block trades of this magnitude typically reflect confidence in the underlying business fundamentals and long-term prospects of the company.

The price of Rs. 4945.20 per share at which the transaction was executed provides insight into the institutional valuation of the airline operator's equity at the time of the trade.

Historical Stock Returns for Interglobe Aviation

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.26%	-0.35%	+5.43%	-18.51%	+9.34%	+205.97%

Interglobe Aviation

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IndiGo Receives GST Appeal Order with ₹1.27 Crore Penalty for Denied Input Tax Credit

1 min read Updated on 13 Feb 2026, 09:28 PM

Reviewed by

Riya DScanX News Team

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Overview

InterGlobe Aviation Limited disclosed receiving a GST appeal order from the Joint Commissioner of State Tax (Appeals) IV Bandra, Mumbai, on February 12, 2026. The order denies input tax credit claims for July 2017 to March 2018, imposing a penalty of ₹1.27 crore along with demand and interest. The company considers the order erroneous and plans to contest it, stating no significant impact on financials or operations.

*this image is generated using AI for illustrative purposes only.

InterGlobe Aviation Limited has informed stock exchanges about receiving a GST appeal order that imposes a penalty of ₹1.27 crore for denied input tax credit claims. The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

GST Appeal Order Details

The company received the order on February 12, 2026, from the Office of the Joint Commissioner of State Tax (Appeals) IV Bandra, Mumbai. The order addresses GST proceedings related to the period from July 2017 to March 2018.

Parameter:	Details
Authority:	Joint Commissioner of State Tax (Appeals) IV Bandra, Mumbai
Date Received:	February 12, 2026
Applicable Period:	July 2017 to March 2018
Penalty Amount:	₹1.27 crore
Non-compliance:	Denial of input tax credit

Company's Response and Position

InterGlobe Aviation has stated that the department denied input tax credit availed by the company and raised demand along with interest and penalty. The company believes the order passed by the authorities is erroneous and maintains it has a strong case on merits, backed by advice from external tax advisors.

The airline has confirmed it will contest the order before the appropriate authority. According to the company's assessment, there is no significant impact on financials, operations, or other activities of the company despite the penalty imposed.

Financial and Operational Impact

The company has clarified that the GST appeal order and associated penalty are not expected to have any significant financial implications on its operations. This assessment suggests that InterGlobe Aviation views the matter as manageable within its current financial framework while it pursues legal remedies.

The disclosure was signed by Neerja Sharma, Company Secretary and Chief Compliance Officer, and submitted to both the National Stock Exchange of India Limited and BSE Limited as part of the company's regulatory compliance obligations.

Historical Stock Returns for Interglobe Aviation