Gangwal Cuts IndiGo Stake to 4.71%

  Published 7 months ago

Rakesh Gangwal sold 3.1% of IndiGo, cutting his stake to 4.71% as of August 2025.

  • Sale involved 1.21 crore shares at a floor price of Rs 5,808 per share in total.
  • Counterparties remain undisclosed; transaction valued approximately Rs 7,027.7 crore via multiple block deals on Thursday 28 August.
  • IndiGo operates 416 aircraft, serving 91 domestic and 41 international destinations as of June 2025.

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