Damodaran returns to IndiGo board as non-independent non-executive director

InterGlobe Aviation, the dad or mum firm of IndiGo airline, on Saturday mentioned its board has accredited the appointment of former SEBI Chairman M Damodaran as non-independent non-executive director.

The Board of Directors of InterGlobe Aviation has accredited the appointment of Damodaran as Non-Independent Non-Executive Director, topic to shareholders’ approval, an organization assertion mentioned.

In his earlier stint on the airline, Damodaran was an impartial director and chairman of board of administrators at InterGlobe Aviation from January 24, 2019 to May 3, 2022. On May 4, Venkataramani Sumantran was appointed because the chairman of the board of administrators of InterGlobe Aviation.

Damodaran, a retired IAS officer, was Chairman of Securities and Exchange Board of India (SEBI) from February 2005 to February 2008.

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