InterGlobe Aviation has addressed recent news items questioning the company’s disclosures and board oversight. The company confirms it hasn’t received any communication from regulatory bodies suggesting ongoing assessments or examinations. InterGlobe clarifies they’ve responded to information requests. The company states they aren’t aware of undisclosed information that could impact stock prices and affirm commitment to regulatory compliance.
Response to Media Reports
InterGlobe Aviation addresses concerns raised in media reports regarding potential disclosure failures and scrutiny of the board’s role. The company states that it has reviewed the news and is providing clarification.
Confirmation on Regulatory Communication
The company confirms that it has not received any communication from regulatory authorities indicating that any formal assessment or examination related to the mentioned issues is currently underway. InterGlobe Aviation states that the information presented in the news article is inaccurate.
Company Statement on Information Requests
InterGlobe Aviation acknowledges receiving standard queries and requests for information from stock exchanges. These requests are related to the company’s obligations and information disclosure norms. The company has already responded to all queries in a timely and compliant manner.
Impact on Stock Trading
The company stated it is not aware of any unpublished information that could explain recent stock price movements and cannot determine the impact of the recent news. InterGlobe Aviation re-affirms that it will continue making appropriate disclosures in compliance with all applicable laws and regulations.
Commitment to Transparency
InterGlobe Aviation emphasizes its commitment to transparency and adherence to regulatory requirements. The company will provide updates as necessary and appropriate, ensuring all stakeholders are kept informed.
Source: BSE
