IndiGo falls 3% as shares worth ₹11,000 cr change hands; Rakesh Gangwal looks to exit
IndiGo promoter and co-founder Rakesh Gangwal, who holds 5.89% shares in the airline, is looking to exit the company by selling his stake.
IndiGo promoter and co-founder Rakesh Gangwal, who holds 5.89% shares in the airline, is looking to exit the company by selling his stake.
The Gangwal family led by Rakesh Gangwal looks to sell 4% stake in IndiGo at a floor price of ₹2,400 per share, a discount of 5.8% to Monday’s closing price.