IXIGO Greenlights Initial Public Offering (IPO)

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.