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Rakesh Gangwal sells shares of InterGlobe Aviation worth Rs 6,785 crore

InterGlobe Aviation's promoter Rakesh Gangwal on Monday sold shares worth Rs 6,785 crore of the company through open market transactions.

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The shares were sold in three tranches, with the price per scrip varying from Rs 3,015.10 to Rs 3,016.36
Press Trust of India New Delhi
1 min read Last Updated : Mar 11 2024 | 6:59 PM IST

InterGlobe Aviation's promoter Rakesh Gangwal on Monday sold shares worth Rs 6,785 crore of the company through open market transactions.

The co-founder of the company, which operates the country's largest airline IndiGo, offloaded 2.25 crore shares of IndiGo amounting to 5.83 per cent stake, according to bulk deal data on BSE.

The shares were sold in three tranches, with the price per scrip varying from Rs 3,015.10 to Rs 3,016.36.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Stock MarketInterGlobe AviationAviation industryStake saleDivestment

First Published: Mar 11 2024 | 6:59 PM IST

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