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Rakesh Gangwal Sells 5 83% Stake In IndiGo For Rs 6,785 Crore

The stake sale is part of Gangwals decision to trim his shareholding, a decision announced in February 2022 after a bitter feud with co-founder Rahul Bhatia over alleged corporate governance issues.

Rakesh Gangwal | IndiGo co-founder Rakesh Gangwal offloads 5 8 per cent stake for Rs 6,785 crore

A total of 2.25 crore shares of InterGlobe Aviation were sold in three tranches, with the price ranging from Rs 3,015.10 to Rs 3,016.36 apiece, according to bulk deal data on the BSE

Rakesh Gangwal mops up Rs 6,786 crore from 6% stake sale in Indigo

Rakesh Gangwal mops up Rs 6,786 crore from 6% stake sale in Indigo
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