India  
 
NewsR.in

IndiGo's Gangwal sells another Rs 10k crore shares

IndiaTimes Friday, 30 August 2024
Rakesh Gangwal, a co-founder of IndiGo, sold over 2 crore shares in Interglobe Aviation for nearly Rs 9,550 crore, reducing his family's stake to about 14.1%. This follows an agreement with Rahul Bhatia to exit the airline by 2027. The block deal caused IndiGo shares to drop nearly 3% on BSE.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related news from verified sources

IndiGo co-founder Rakesh Gangwal's family trust sells big stake in airline

 Rakesh Gangwal, co-founder of IndiGo Airlines, has sold 30% of his stake in InterGlobe Aviation, raising $1.3 billion through a block deal. The shares were sold...
IndiaTimes