IndiGo share price falls before Aditya Ghosh's resignation under Sebi lens

Stock price fell 6.3% on Friday before the announcement

The sharp fall in the share price of InterGlobe Aviation, the company that operates IndiGo, has come under the regulatory scanner. 
 

The Securities and Exchange Board of India (Sebi) has asked stock exchanges to furnish information on the company’s share price data for the last one month to check for any possible violation of insider trading norms, sources said.

Shares of InterGlobe Aviation fell over 6 per cent, the most in seven months, on April 27, before the airline announced the resignation of the company’s president Aditya Ghosh.

“We have received information regarding trades made during the period along with