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Rakesh Gangwal To Sell 3.4% Stake In IndiGo For ₹6,800 Cr

The New Indian Express Bhubaneswar

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May 27, 2025

INTERGLOBE Aviation promoter Rakesh Gangwal and his family trust will offload another 3.4% stake worth ₹6,831 crore in the airline on Tuesday, as per sources.

- ENS ECONOMIC BUREAU @ New Delhi

Currently, Gangwal and the family trust together hold about 13.5% in IndiGo.

Under the proposed transaction, up to 1.32 crore equity shares will be sold at a floor price of ₹5,175 per share. The floor price is at a 4.5% discount as against the closing price of ₹5,420 per share on Monday.

The New Indian Express Bhubaneswar

यह कहानी The New Indian Express Bhubaneswar के May 27, 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।

क्या आप पहले से ही ग्राहक हैं?

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