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Gangwals Sell 1.3% Stake in IndiGo for ₹2,933 Cr, Stock Falls
Financial Express Chandigarh
|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.
Dit verhaal komt uit de August 29, 2025-editie van Financial Express Chandigarh.
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