In a surprise announcement, no-frills airline IndiGo today said Aditya Ghosh would step down as its President and Whole Time Director while promoter Rahul Bhatia would become the interim CEO.
The company’s board, during its meeting today, accepted the resignation of Ghosh, according to a regulatory filing.
His resignation as Whole Time Director is effective from April 26 while he would step down as President with effect from July 31.
The board has appointed Bhatia as the Interim Chief Executive Officer and he would continue as a director.
IndiGo is the country’s largest domestic carrier with a market share of about 40 per cent.