IndiGo Share Price in Focus After ₹2.76 Crore Customs Penalty; Company Says No Major Impact

InterGlobe Aviation, the parent company of IndiGo Airlines, will draw investor attention on Wednesday, May 28, 2025, after receiving customs penalties totaling more than ₹2.76 crore.

As disclosed in official filings, the Principal Commissioner of Customs in Ahmedabad levied a penalty of ₹2.2 crore on Monday, May 26. Additionally, the Principal Commissioner of Customs in Meenambakkam, Chennai, imposed a penalty of ₹56.20 lakh on Saturday, May 17. Together, the total penalty amounts to just over ₹2.76 crore.

The penalties were triggered after the Customs authorities issued an order confirming a demand for customs duty, according to IndiGo's filing with the BSE.

IndiGo to Appeal the Customs Orders

In response, IndiGo said it would be appealing the orders and believes that it has a strong case. The airline noted that it had already paid the necessary customs duties to the authorities and maintained that it acted correctly.

IndiGo assured investors that the customs penalty will not significantly affect its financial stability, business operations, or any other aspects of the company’s activities.

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IndiGo Share Price Movement

As of 9:41 am IST on 28 May, InterGlobe Aviation share price was trading at ₹5,309.50, down ₹4.00 or 0.075% for the day. The stock opened at ₹5,336.00, touched an intraday high of ₹5,342.00, and fell to a low of ₹5,297.50.

Conclusion

While the customs penalty has brought temporary pressure on IndiGo’s stock price, the company has confidently addressed the matter, assuring that it has already complied with duty payments and is ready to challenge the orders through the legal route. Market participants may closely monitor the outcome of the appeal and any further regulatory developments.

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