
IndiGo Shares Slide 3% as Rakesh Gangwal Offloads INR 11,928-Cr Stake in Block Deal
After co-founder Rakesh Gangwal sold 2.26 crore shares, or roughly 5.8% of his ownership, in a big block sale, shares of InterGlobe Aviation, the parent company of IndiGo Airlines, fell more than 3%. According to a media report, which cited people with knowledge of the situation, the deal