Sebi seeks IndiGo's response to Gangwal's letter over corporate governance

Co-promoter questioned chairman's independence again

The Securities and Exchange Board of India (Sebi) has sought a response from IndiGo on a fresh letter by the company's co-promoter Rakesh Gangwal regarding corporate governance issues.

In a filing to the stock exchanges on Wednesday, InterGlobe Aviation said the markets regulator has sought comments on a letter written by Gangwal on August 30. "The company will provide its response to the Sebi," the filing said.

On September 3, Sebi sought comments from the company on a letter received by the regulator from legal counsel of Gangwal.

According to the filing, the letter reiterates certain issues that Gangwal had previously raised with