IndiGo shares in focus as Rakesh Gangwal Family plans 3.1% stake sale via block deal
Published on: Aug. 28, 2025, 7:47 a.m. | Source: The Economic Times
The latest stake sale in InterGlobe Aviation is part of a phased dilution plan first outlined in 2022, when Rakesh Gangwal signaled his intention to step away from the airline business. Since then, the family has steadily pared holdings through a series of transactions. Between 2023 and May 2025, the Gangwals executed five major stake sales, offloading more than 9% in 2025 alone and raising over Rs 12,900 crore.
