New Launch18 Mar 2026, 07:12 pm
InterGlobe Aviation Ltd. Receives LOI for Land Allotment in Gurugram
AI Summary
InterGlobe Aviation Ltd., the parent company of IndiGo, has received a Letter of Intent (LOI) from Haryana Shehri Vikas Pradhikaran (HSVP) for the allotment of land in Sector 29, Gurugram, Haryana. The land, measuring 18049.18 Sq mt, is intended for the consolidation of multiple offices into a single campus and to meet the company's long-term infrastructure requirements. The allotment is subject to the completion of applicable terms and conditions.
Key Highlights
- InterGlobe Aviation Ltd. received a Letter of Intent (LOI) from Haryana Shehri Vikas Pradhikaran (HSVP) for land allotment.
- The land is intended for the consolidation of multiple offices and long-term infrastructure needs.
- The land measures 18049.18 Sq mt and is located in Sector 29, Gurugram, Haryana.
- The allotment is subject to the completion of applicable terms and conditions.
- The transaction does not involve any special rights, conditions, or arrangements impacting the management, control, or capital structure of the company.