Thursday, 8 October 2026
Venture Intelligence News

Public Market Other Deals - Listed Firms

IndiGo co-Founder Gangwal's wife sells her entire stake in airline

Source Business Line (opens in a new tab)

IndiGo airline's co-founder Rakesh Gangwal's wife Shobha Gangwal, who is part of the promoter group, sold her entire near 3% stake in the airline for INR 2,801.7 crore via the public markets.. Prior to the sale, Rakesh Gangwal and his wife held a 29.72% stake in the airline.