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IndiGo shares slip over 3% on reports of cofounder Rahul Bhatia grooming son Madhav for succession

in5points
IndiGo shares fell over 3% after reports of co-founder Rahul Bhatia grooming son Madhav for succession.
According to The Economic Times, Madhav Bhatia has attended IndiGo's executive committee meetings recently.
The news triggered a market reaction, with stock price declining more than 3%.
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