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indigo bulk deal: IndiGo's Gangwal family offloads 2.9% stake in Rs 2,800 crore deal

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 ....

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IndiGo shares rise over a per cent after firm clarifies not aware of Gangwal family's stake sale plans

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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Rakesh Gangwal quits as IndiGo director

His move comes a fortnight after co-promoter Rahul Bhatia was appointed as the managing director of the airline for five years ....

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