Interglobe Aviation Ltd Share Price – NSE  / BSE

Air Transport Service, Mid Cap

The board of InterGlobe Aviation at its meeting held on 10 March 2026 has taken note of the resignation tendered by Pieter Elbers, Chief Executive Officer. He will be relieved from the service of the Company effective close of business hours on 10 March 2026.

Rahul Bhatia, Managing Director, shall in the interim assume management of the affairs of the Company.

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InterGlobe Aviation announced that CRISIL has reaffirmed the company's ratings with a ?Positive' outlook assigned to the long-term bank facilities as per details:

Long term rating - Crisil AA-/Positive (Removed from ?Rating Watch developing Implications'; Rating Reaffirmed)

Short Term Rating - Crisil A1+ (Removed from ?Rating Watch with Developing Implications'; Rating reaffirmed)

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InterGlobe Aviation has allotted 200 equity shares under ESOS on 05 March 2026. With this allotment, the paid up equity share capital has increased to 38,66,12,998 equity shares of Rs 10 each.

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InterGlobe Aviation, the parent of IndiGo, dropped 6.30%, while SpiceJet declined 5.35% amid concerns over rising operational challenges.

The conflict involving Israel, the United States and Iran has led to multiple airspace shutdowns across the Middle East, significantly affecting international flight routes, particularly those connecting India to Europe via major Gulf hubs.

At the same time, a spike in global crude oil prices has added to investor worries, as higher fuel costs directly impact airline profitability.

The Indian Association of Tour Operators reported a noticeable increase in booking cancellations and rescheduling requests on Sunday, citing disruptions caused by airspace restrictions.

The ongoing crisis has heightened uncertainty for the aviation sector, with investors factoring in the dual impact of disrupted routes and elevated fuel expenses.

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