InterGlobe Aviation Executes Rs. 78.85 Crore Block Trade on NSE

InterGlobe Aviation, the parent company of India's largest airline IndiGo, has recently executed a significant block trade on the National Stock Exchange (NSE). The transaction, valued at Rs. 78.85 crores, involved the exchange of approximately 135,878 shares.

Transaction Details

Aspect	Details
Company	InterGlobe Aviation
Transaction Type	Block Trade
Exchange	National Stock Exchange (NSE)
Total Value	Rs. 78.85 crores
Number of Shares	Approximately 135,878
Price per Share	Rs. 5,803.00

This block trade represents a significant transaction in InterGlobe Aviation's shares. Block trades are typically large, privately negotiated transactions between two parties, often executed outside of the open market to avoid impacting the stock's price.

The execution of this block trade at Rs. 5,803.00 per share provides a snapshot of the current valuation of InterGlobe Aviation's stock by large market participants. However, it's important to note that the reasons behind this transaction and the parties involved have not been disclosed in the available information.

Investors and market analysts may want to monitor InterGlobe Aviation's stock performance and any subsequent announcements from the company that might provide context for this significant trade. As always, market participants should conduct their own research and consider their investment goals before making any financial decisions based on this information.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.53%	-3.27%	-6.03%	+0.69%	-38.83%	-67.76%

Indigo Paints Limited has announced the appointment of Mr. Narayanankutty Kottiedath Venugopal as an Additional Executive Director, marking a significant addition to its leadership team. The appointment, approved by the company's Board of Directors, is set for a five-year term beginning June 1, 2025, subject to shareholder approval at the upcoming Annual General Meeting.

Experienced Leadership

Mr. Venugopal, aged 76, brings a wealth of experience to Indigo Paints with over four decades in the paint industry. His appointment comes on the recommendation of the company's Nomination & Remuneration Committee, highlighting the strategic importance of this role.

Educational Background and Professional Experience

The newly appointed director holds a B.Sc. in Mechanical Engineering from the University of Kerala and a Post Graduate Diploma in Management (PGDM) from the Indian Institute of Management, Calcutta. Mr. Venugopal's extensive career includes notable associations with industry leaders:

Previous roles at Asian Paints Limited and Hi-Build Coatings Private Limited
Served as Deputy General Manager at Sadolin Paints (Oman) Ltd in Muscat from 1990 to 2003
Entrepreneurial experience for a significant portion of his professional life

Appointment Details

The appointment of Mr. Venugopal was approved by the Indigo Paints Board of Directors through a resolution passed by circulation on July 24, 2025. Key details of the appointment include:

Position	Term	DIN
Additional Executive Director	5 consecutive years starting June 1, 2025	00296465

Regulatory Compliance

Indigo Paints has affirmed that Mr. Venugopal is not disqualified from holding office as a Director under Section 164 of the Companies Act, 2013. Additionally, the company has confirmed that he is not debarred from holding the position by any order of the Securities and Exchange Board of India or any other authority.

This strategic appointment underscores Indigo Paints' commitment to strengthening its leadership team with industry veterans, potentially positioning the company for future growth and innovation in the competitive paint industry.