In September 2022, Rakesh Gangwal and Shobha Gangwal sold a 2.74 per cent shareholding for ₹ 2,005 crore. In February 2023, ...

InterGlobe Enterprises, the parent company of IndiGo, has refuted reports suggesting a potential stake sale in the airline.

This is Rakesh Gangwal's third share sale in IndiGo since March 2024. Before this deal, he had sold shares worth $2 billion through block trades.

In August 2024, Rakesh Gangwal's family trust sold a 5.2% stake in the airline for ₹9,549 crore. Before that, Mr. Gangwal had sold shares of IndiGo in March. The share sale is part of Gangwal's ...

IndiGo co-founder Rakesh Gangwal and his family trust plan to sell up to 3.4% of their stake in the airline for approximately Rs 6,831 crore. This move follows Gangwal's earlier decision to reduce ...

Rakesh Gangwal and the Chinkerpoo Family Trust have further reduced their stake in IndiGo operator InterGlobe Aviation by 5.72%, garnering ₹11,564 crore through open market transactions.

InterGlobe Enterprises said it is 'firmly committed' to oversee the airline's long-term plans and added that news reports of ...

The clarification came after some news reports claimed that InterGlobe was looking to offload up to a 4 per cent stake in ...

Sources told CNBC-TV18 that the promoter group aims to raise approximately $1 billion through the sale. Currently, InterGlobe ...

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 ($1.33 billion) through a block deal, according to ...

The parent company of low-cost airline behemoth IndiGo, InterGlobe Enterprises, is reportedly seeking to sell off up to 4% of ...