In August 2024, Rakesh Gangwal's family trust sold a 5.24 per cent stake in the airline for Rs 9,549 crore. Before that, Gangwal had sold shares of IndiGo in March.

In September 2022, Rakesh Gangwal and Shobha Gangwal sold a 2.74 per cent shareholding for Rs 2,005 crore. In February 2023, Shobha divested a 4 per cent stake in the company for Rs 2,944 crore.

Earlier in August 2024, Gangwal's family trust sold a 5.24 per cent stake in the airline for Rs 9,549 crore. Before that, Gangwal had sold shares of IndiGo in March.

Indigo's shares declined by 2% on Tuesday following reports of a stake reduction by its promoter family. According to a Reuters report, Rakesh Gangwal and The Chinkerpoo Family Trust were ...

InterGlobe Aviation promoter Rakesh Gangwal and his family trust offloaded a 5.7 per cent stake in IndiGo, India’s largest airline, for approximately Rs 11,385 crore ($1.33 billion) through a ...

New Delhi, May 27 (PTI) InterGlobe Aviation promoter Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in the airline for about Rs 11,385 crore (USD 1.33 billion) through a ...