IndiGo Share Price Falls over 2.5% Amid Likely ₹6,831 Crore Stake Sale by Co-Founder Rakesh Gangwal

IndiGo Share Price: Stock slips 3% as InterGlobe Aviation promoter plans to sell stake worth Rs 6,831 crore

Indigo Share Price: Shares of IndiGo opened gap down on Tuesday, i.e. on May 27, 2025, amid InterGlobe Aviation promoter Rakesh Gangwal and his family trust are likely to offload up to 3.4 per cent stake worth at least Rs 6,831 crore in the airline. The counter opened gap down at Rs 5,278 on the BSE, a loss of 2.74 per cent from the previous close of Rs 5,418. It fell further to touch the low of Rs 5,256 - a dip of 3.14 per cent. Rakesh Gangwal,…

IndiGo share price falls over 2.5% amid likely ₹6,831 crore stake sale by co-founder Rakesh Gangwal

Interglobe Aviation, the operator of IndiGo airlines, share price dropped over 2.5 per cent in early trading session on Tuesday after the reports emerged that IndiGo co-founder Rakesh Gangwal is set to offload a portion of his shares in the airline via a block deal valued at ₹6,831 crore.

Interglobe Aviation promoter Rakesh Gangwal and his family trust are likely to sell a 3.4 per cent stake in the airline for at least Rs 6,831 crore on Tuesday. Gangwal is selling his stake in a phased manner after a bitter dispute with IndiGo co-founder Rahul Bhatia. According to sources, besides Gangwal, Chinkarpu Family Trust will sell a 3.4 per cent stake in the country's largest airline IndiGo. The trustees of Chinkarpu Family Trust are Shob…

Rakesh Gangwal, co-founder of Indigo, plans to sell up to 3.4 percent of its shares in the Indian low-cost airline. The total value of the planned block business amounts to 68.31 billion rupees (about 710 million euros), as reported by the news channel "CNBC-TV18" using sources.

IndiGo Block Deal: Founder Rakesh Gangwal, Promoter Arm Plan 3.4% Equity Sale

IndiGo airlines founder Rakesh Gangwal and a promoter entity are planning to offload up to a 3.4% stake in InterGlobe Aviation Ltd. for nearly Rs 6,833 crore via open market transactions.Gangwal and the Chinkerpoo Family Trust are offering as many as 1.3 crore shares in the company in a block sale, according to details in a termsheet accessed by NDTV Profit. The floor price for the IndiGo block deal is set at Rs 5,175 per share, a 4.5% discount …