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RAKESH GANGWAL INDIGO
Gangwal family trust sells 1.3% in IndiGo parent for Rs 2,933 croreRakesh Gangwal's family trust divested a 1.3% stake in InterGlobe Aviation, IndiGo's parent company, for ₹2,933.4 crore through bulk deals....- Gangwals to sell 3.1% in IndiGo parent via Rs 7,020-crore block dealsRakesh Gangwal's family is set to sell a 3.1% stake in InterGlobe Aviation (IndiGo) through block deals valued at $801 million, priced at ₹...
- IndiGo parent InterGlobe denies stake sale reports, calls them ‘speculative’InterGlobe Enterprises, the parent company of IndiGo, has refuted reports suggesting a potential stake sale in the airline. The company dis...
- Gangwal family to sell 3.4% stake in IndiGo via Rs 6,831-crore block dealRakesh Gangwal IndiGo stake sale: Rakesh Gangwal and his family plan to divest up to 3.4% stake in IndiGo via block deals worth ₹6,831 cror...
- IndiGo co-founder Rakesh Gangwal to sell part of stake in deal worth $800 million: ReportIndian airline IndiGo co-founder Rakesh Gangwal will sell up to a 3.4% stake in the low-cost carrier through a block deal worth 68.31 billi...
- Gangwal family trust offloads 5.2% in IndiGo through Rs 8,400 crore block deal; Morgan Stanley buys stakeRakesh Gangwal, through his family Trust 'The Chinkerpoo' executed the deal at Rs 4,715 apiece. Meanwhile, Morgan Stanley picked up 28.54 l...
- Rakesh Gangwal to sell $804 million worth IndiGo stake through block deal: ReportRakesh Gangwal, co-founder of InterGlobe Aviation, plans to sell up to $804 million in shares via a block deal, with a floor price of Rs 4,...
- Rakesh Gangwal joins Southwest Airlines boardSouthwest Airlines addresses investor criticism by appointing veteran airline executive Rakesh Gangwal to its board, known for co-founding ...
- InterGlobe Enterprises likely to sell 2% stake in IndiGo via block deal: ReportThe stake sale is valued at approximately $394 million, with the promoter set to offload 77 lakh shares at ₹4,266 each. This transaction wi...
- Rakesh Gangwal sells 5.8% stake in InterGlobe Aviation for Rs 6,786 croreGangwal, the co-founder of India’s largest carrier, had said that he would gradually reduce the holdings in the company after stepping down...
- Rakesh Gangwal doesn’t have the remotest interest in SpiceJet: BankersA banker with close ties to Rakesh Gangwal, one of the co-founders of IndiGo, has stated that Gangwal has no plans to make an investment in...
- IndiGo's Gangwal family offloads 2.9% stake in Rs 2,800 crore dealRakesh Gangwal and his wife, Shobha Gangwal, held about 13.23% and 2.99%, respectively, in IndiGo at the end of June quarter, while their C...
- Gangwal family to sell a portion of IndiGo's stake worth $450 million via block deal on WednesdayIndigo Airlines' promoters, the Gangwal family, are selling $450 million worth of shares in a block deal through bankers Morgan Stanley, JP...
- IndiGo co-founder's family likely to sell stake worth up to $909.6 mnThe family of IndiGo's co-founder Rakesh Gangwal is likely to sell between 5-8% stake in the Indian airline's parent InterGlobe Aviation Lt...
- IndiGo says have responded to all Sebi queries on related party transactionsOn Tuesday, sources told PTI that a preliminary probe by Sebi has suggested prima-facie violations of corporate governance and listing disc...
- IndiGo shareholders reject amending Article of Association: ReportsIndiGo held its extraordinary general Meeting (EGM) today to discuss deletion of rules that make it tough for the main shareholders to sell...
- IndiGo to soon finalise policy for related-party transactionsThe talks between the two feuding camps were brokered by IndiGo chairman M Damodaran.
- Related-party deals probed by inhouse panel: IGEThe IGE Group said, "Paan ki dukaan is well run and managed by a competent set of managers".
- Sebi seeks details from IndiGo on promoter complaintsGangwal listed out certain serious concerns regarding governance matters at IndiGo.
- Differences between promoters over terms of related party transaction: IndiGoRakesh Gangwal wants “higher standards” when the airline gets into related party transactions.
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