IndiGo shares plunge 10 pc in early trade

Shares of InterGlobe Aviation tumbled 10 per cent Wednesday amid spat between co-promoters over governance issues.

The scrip dropped to Rs 1,409.20 on the BSE in early trade. On the NSE it fell to Rs 1,409.70.

InterGlobe Aviation is the parent of country's largest airline IndiGo.

The company's co-promoters Rakesh Gangwal and Rahul Bhatia are locked in a bitter battle, with the former seeking intervention of markets regulator Sebi to address the problems.