Avoid the 'template' approach

When the holding of each promoter is significantly high, an open ended SHA can lead to major turbulence in the organisation as is in the case of Indigo where each promote

Indigo has hit an air pocket. It is surprising that the most successful airline in the country with a market share of over 40 per cent is getting into a gridlock on their growth strategy, thanks to an unexpected way the shareholders agreement between the two promoters is reaching an end point. While the matter appears to be simple and legalistic, it actually has major possible implications for the future of the organisation and its stakeholders. We will discuss the importance of a well-crafted shareholders agreement and the need for its dynamic alignment with the organisational strategy to protect the