Shares of InterGlobe Aviation, which runs IndiGo airlines, fell 5 per cent on the BSE in Thursday’s intra-day trade after over 4 per cent equity of the airline company changed hands via block deals.
At 09:15 am; around 16.08 million equity shares representing 4.17 per cent of total equity of InterGlobe Aviation had changed hands via a block deal on the BSE, the exchange data showed. The names of the buyers and sellers were not ascertained immediately.
As on December 31, 2022, co-promoter Rakesh Gangwal (13.24 per cent) and his wife Shobha Gangwal (7.04 per cent) collectively held 20.28 per cent stake in InterGlobe Aviation, the shareholding pattern data shows.
