{"id":584153,"date":"2023-06-13T11:26:09","date_gmt":"2023-06-13T05:56:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=584153"},"modified":"2023-06-13T12:57:47","modified_gmt":"2023-06-13T07:27:47","slug":"indigo-co-founders-family-likely-to-sell-stake-worth-up-to-909-6-million-says-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-co-founders-family-likely-to-sell-stake-worth-up-to-909-6-million-says-report\/","title":{"rendered":"IndiGo co-founder\u2019s family likely to sell stake worth up to $909.6 million, says report"},"content":{"rendered":"<p>The family of IndiGo\u2019s co-founder Rakesh Gangwal was likely to sell between 5% and 8% stake in the Indian airline\u2019s parent InterGlobe Aviation Ltd , worth up to 75 billion rupees ($909.58 million), CNBC Awaaz said in a report, citing sources.<\/p>\n<p>Rakesh Gangwal and his wife, Shobha Gangwal, hold 13.23% and 2.99% respectively in InterGlobe as of March 31, while their Chinkerpoo Family Trust holds a 13.5% stake, according to exchange data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The family of IndiGo\u2019s co-founder Rakesh Gangwal was likely to sell between 5% and 8% stake in the Indian airline\u2019s parent InterGlobe Aviation Ltd , worth up to 75 billion rupees ($909.58 million), CNBC Awaaz said in a report, citing sources. Rakesh Gangwal and his wife, Shobha Gangwal, hold 13.23% and 2.99% respectively in InterGlobe as of March 31, while their Chinkerpoo Family Trust holds a 13.5% stake, according to exchange data.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-584153","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/584153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=584153"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/584153\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=584153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=584153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=584153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}