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Uploaded 3 hours ago

Duration: 0h 3m 36s

Rakesh Gangwal's family trust sells 1.3% stake in IndiGo

Name: Rakesh Gangwal's family trust sells 1.3% stake in IndiGo
Uploaded: Thu, 28 Aug 2025 22:33:58 +0530
Channel: Rediff Video Desk

IndiGo promoter Rakesh Gangwal's family trust on Thursday sold a 1.3 per cent stake in the country's largest airline for Rs 2,933 crore through open market transactions, cumulatively offloading shares worth Rs 14,497 crore so far this year. With the latest sale, the cumulative divestment by Rakesh Gangwal, along with his wife Shobha Gangwal and their family trust -- the Chinkerpoo Family Trust -- stood at Rs 39,532.79 crore, translating to around $4.51 billion.

Uploaded by: Rediff Video Desk on Thu, 28 Aug 2025 22:33:58 +0530

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