IndiGo denies SEBI probe over crisis disclosures; stock pares early gains.

• IndiGo denied receiving any official notice from SEBI regarding an investigation into disclosure violations or the board's role.
• The denial followed a Moneycontrol report claiming SEBI was probing IndiGo after a crisis involving pilot duty limits and flight cancellations.
• IndiGo stated it regularly responds to exchange queries and has no new undisclosed information affecting its shares.
• The company's stock initially gained over 1.5% but later lost some ground, ending with a modest half-percent rise.
• Concerns about potential disclosure lapses were initially raised by former SEBI director J.N. Gupta.

Why It Matters: Regulatory scrutiny of IndiGo's disclosures impacts investor confidence and corporate governance.