27 November 2023
In a resolution passed on November 23, 2023, IXIGO's Board of
Directors has granted preliminary approval for the company to pursue an initial
public offering (IPO) of its equity shares. The IPO could include a fresh
issuance of equity shares and/or an offer for sale of equity shares by eligible
existing shareholders of the Company. The final structure and size of the IPO
will depend on market conditions, regulatory approvals, and other factors. For
more details, please refer to the attached note.