IndiGo grants 113,500 performance stock options under ESOP 2023
InterGlobe Aviation, IndiGo’s parent, has allotted 113,500 performance stock options with a ₹10 face value. The retention-focused grant comes as the airline’s shares remain under pressure, down nearly 14% over the past year.
IndiGo parent InterGlobe Aviation granted 113,500 employee performance stock options at ₹10 face value under ESOP 2023. The retention-led grant follows pressure on IndiGo shares, which were down nearly 14% year-on-year despite the airline’s leading domestic market position.
Why this matters
IndiGo’s 113,500-option grant adds a retention move to recent signals of 66% domestic share entering Q1, market-share gains amid profit pressure, and a wider lead as June traffic fell 1%.
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