Rakesh Gangwal, family trust offload 5.72% stake in IndiGo worth Rs...

Dununu.com Dununu

Sponsorizzato

Rakesh Gangwal, family trust offload 5.72% stake in IndiGo worth Rs 11,564 crore

RSS Feed Business

Posted

91

Rakesh Gangwal and the Chinkerpoo Family Trust have further reduced their stake in IndiGo operator InterGlobe Aviation by 5.72%, garnering ₹11,564 crore through open market transactions. This sale, executed at ₹5,230.99-₹5,235.31 per share, decreases their combined ownership to 7.81%. These divestments align with Gangwal's plan to reduce his shareholding following disagreements with Rahul Bhatia regarding corporate governance since February 2022.

Read Full Article

Effettua l'accesso per mettere mi piace, condividere e commentare!

Torrential rains wreak havoc in Northeast: Landslides, flash floods hit Mizoram, Arunachal, Assam, Manipur, Sikkim; 18 dead, dozens displaced

By 0 10

Where's Trump's $5-million Gold Card visa? Report says it possibly does not exist

By 0 9

Manushi Chhillar calls out misogyny in film industry

Manushi Chhillar has voiced her strong disapproval of the misogynistic attitudes prevalent in the...

By 0 18

Deliberations on budget principles and priorities of Sudurpaschim province begins

SUDURPASCHCHIM: Deliberations on the principles and priorities (excluding tax proposals) of the...

By 0 21

Bulgarian nationalists protest government plans to adopt the euro currency

Thousands of Bulgarians protested in Sofia and other cities against the government's plan to...

By 0 22