Damodaran returns to IndiGo board as non-independent non-executive director
InterGlobe Aviation, the parent company of IndiGo airline, on Saturday said its board has approved the appointment of former SEBI Chairman M Damodaran as non-independent non-executive director.
The Board of Directors of InterGlobe Aviation has approved the appointment of Damodaran as Non-Independent Non-Executive Director, subject to shareholders’ approval, a company statement said.
In his previous stint at the airline, Damodaran was an independent director and chairman of board of directors at InterGlobe Aviation from January 24, 2019 to May 3, 2022.
On May 4, Venkataramani Sumantran was appointed as the chairman of the board of directors of InterGlobe Aviation.
Damodaran, a retired IAS officer, was Chairman of Securities and Exchange Board of India (SEBI) from February 2005 to February 2008.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
