Gangwal family trust sells ₹2,933 crore stake in IndiGo, total divestment crosses ₹39,500 crore:

Gangwal family trust sells ₹2,933 crore stake in IndiGo, total divestment crosses ₹39,500 crore:

Daily Current Affairs   /   Gangwal family trust sells ₹2,933 crore stake in IndiGo, total divestment crosses ₹39,500 crore:

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Category : Business and economics Published on: August 30 2025

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The Chinkerpoo Family Trust, promoted by IndiGo co-founder Rakesh Gangwal, sold a 1.3% stake in the airline worth ₹2,933 crore through open market transactions. This brings the cumulative stake sale by the Gangwal family, including Rakesh Gangwal and his wife Shobha Gangwal, to ₹39,532.79 crore ($4.51 billion) in 2025, with ₹14,497 crore worth of shares offloaded this year alone.

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