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Gangwals Sell 1.3% Stake in IndiGo for ₹2,933 Cr, Stock Falls
Financial Express Delhi
|August 29, 2025
INDIGO PROMOTER RAKESH Gangwal's family trust on Thursday sold a 1.3% stake in the country's largest airline for ₹2,933 crore through open market transactions, cumulatively offloading shares worth ₹14,497 crore so far this year.
With the latest sale, the cumulative divestment by Rakesh Gangwal, along with his wife Shobha Gangwal and their family trust—the Chinkerpoo Family Trust—stood at ₹39,532.79 crore, translating to around $4.51 billion.
Since 2022, Gangwals and their family trust have offloaded a 28.32% stake in IndiGo, according to an analysis by PTI.
यह कहानी Financial Express Delhi के August 29, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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