InterGlobe Aviation promoter Rakesh Gangwal's family trust on Thursday sold a 5.24 per cent stake in the airline for Rs 9,549 crore through open market transactions.
Rakesh Gangwal's Chinkerpoo Family Trust offloaded more than 2.02 crore shares of IndiGo amounting to a 5.24 per cent stake, according to bulk deal data on BSE.
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The shares were offloaded in three tranches, with the price per share varying between Rs 4,714.95 and 4,715.89, taking the combined transaction value to Rs 9,548.95 crore.
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