Rakesh Gangwal writes to Sebi, escalating IndiGo feud

The onus is now on the management and Sebi to probe the allegations, which appear to be serious in nature,” said Shriram Subramanian, founder of InGovern Research, a proxy advisory firm. “The management has not been proactive in highlighting the disagreement between the two promoters and now the hope of a peaceful reconciliation is completely out of the picture.