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...
26 May, 2025, 07.37 PM IST
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...
26 May, 2025, 07.22 PM IST
IndiGo bulk deals effect: FTSE raises weight, MSCI may follow suitFollowing the sale of a 5.83% stake by promoter Rakesh Gangwal, global indices have increased IndiGo's weightage, predicting notable inflow...
02 Sep, 2024, 10.25 AM IST
Gangwal sells 5.25% stake in InterGlobe for Rs 9,549 croreIn February 2022, Rakesh Gangwal, co-founder of India's largest carrier, announced his decision to gradually reduce stake in the company an...
30 Aug, 2024, 05.40 AM IST
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...
29 Aug, 2024, 07.28 PM IST
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,...
28 Aug, 2024, 07.01 PM IST
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...
11 Mar, 2024, 07.00 PM IST
SpiceJet shares tumble over 11%. Here's whyRakesh Gangwal has no intention of investing in SpiceJet, said a banker close to him. Gangwal was responding to media reports that said he ...
16 Oct, 2023, 11.54 AM IST
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...
16 Aug, 2023, 07.36 PM IST
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...
16 Aug, 2023, 09.19 AM IST
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...
13 Jun, 2023, 04.10 PM IST
IndiGo shares plunge over 3% as co-founder Gangwal's family likely to sell up to 8% stakeThe family of InterGlobe Aviation's co-founder Rakesh Gangwal is reportedly considering selling between 5% and 8% of their stake in the Ind...
12 Jun, 2023, 01.12 PM IST
Shobha Gangwal sells IndiGo stake for Rs 2,944 crRakesh Gangwal, his wife Shobha Gangwal, and their family trust, all of which are part of the promoter group, held a 33.78% stake in the ai...
17 Feb, 2023, 06.05 AM IST
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...
29 Jan, 2020, 05.45 PM IST
InterGlobe to hold shareholders meet on Jan 29The differences between co-founders and co-promoters -- Rakesh Gangwal and Rahul Bhatia -- came to the fore in July 2019 after Gangwal soug...
03 Jan, 2020, 03.36 PM IST
IndiGo promoters having issues: SourcesSources add the differences started when Bhatia felt Gangwal was gaining greater control of the airline with a slew of recent top level app...
15 May, 2019, 09.49 PM IST
FIPB approves proposal to convert Rakesh Gangwal's IndiGo stake to NRI categoryAccording to FDI rules, foreign companies and foreign airlines are allowed to hold up to a 49 per cent stake in an Indian airline.
02 Aug, 2014, 08.44 AM IST