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 ₹...
27 Aug, 2025, 05.41 AM IST
Rakesh Gangwal, family trust sell 5.72% in IndiGo parent for Rs 11,564 croreRakesh Gangwal and his family executed a significant block deal, selling a 5.72% stake in InterGlobe Aviation for ₹11,564 crore. This trans...
28 May, 2025, 05.44 AM IST
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 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
Rakesh Gangwal, family trust offload 5.83% stake in IndiGo for Rs 10,500 croreInter Globe Aviation promoter Rakesh Gangwal and his family trust have reduced their stakes in the airline by selling a combined 5.83 per c...
30 Aug, 2024, 08.00 PM 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
Gangwal to sell shares worth $804 million in IndiGoGangwal, along with his wife Shobha Gangwal and their family trust - who are all part of the promoter group - held nearly a 34% stake in th...
29 Aug, 2024, 05.42 AM 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
Gangwal family likely to sell Rs 3,700-crore worth stake in IndiGo via block deals: ReportPromoter Rakesh Gangwal and entities are likely to sell a 3.3% stake in InterGlobe Aviation. The floor price for the sale has been fixed at...
07 Mar, 2024, 07.26 PM 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
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
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
InterGlobe Aviation falls despite board's approval to issue sharesInterglobe Aviation reported total revenue at 5,752.91 crore while net profit stood at 811.15 crore, for the quarter ended June 30, 2017.
12 Sep, 2017, 04.14 PM IST
InterGlobe promoter entities to sell sharesUnder the institutional placement, up to 3.36 crore shares are proposed to be sold. It would comprise fresh issue of 2.24 crore shares and ...
12 Sep, 2017, 12.36 AM IST
Budget 2017: Dividend tax shocker for family trustsTax experts said this would impact succession planning of promoters, since many of them own their company's shares through family trusts.
02 Feb, 2017, 09.42 AM IST