Rakesh Gangwal and his wife, Shobha Gangwal, held about 13.23% and 2.99%, respectively, in IndiGo at the end of June quarter, while their Chinkerpoo Family Trust holds a 13.5% stake, according to exchange data
Shares of IndiGo rose after the airline said it had no knowledge of co-founder Rakesh Gangwal and his family s plans to sell their stake. Reports had suggested the family were looking to sell a stake worth up to $910 million.
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