{"id":597777,"date":"2023-08-16T12:00:17","date_gmt":"2023-08-16T06:30:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=597777"},"modified":"2023-08-16T12:00:17","modified_gmt":"2023-08-16T06:30:17","slug":"gangwal-family-to-sell-a-portion-of-indigos-stake-worth-450-million-via-block-deal-on-wednesday","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gangwal-family-to-sell-a-portion-of-indigos-stake-worth-450-million-via-block-deal-on-wednesday\/","title":{"rendered":"Gangwal family to sell a portion of IndiGo&#8217;s stake worth $450 million via block deal on Wednesday"},"content":{"rendered":"<p>Gangwal family, the promoter of Indigo Airlines, is likely to sell shares worth $450 million (Rs 3,730 crore) through a block deal on Wednesday, according to a term sheet reviewed by ET.<\/p>\n<p>Gangwal family has put 15.6 million shares on the block with a floor price of Rs 2,400 per share, which is a 5.8% discount to the closing price of Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gangwal family, the promoter of Indigo Airlines, is likely to sell shares worth $450 million (Rs 3,730 crore) through a block deal on Wednesday, according to a term sheet reviewed by ET. Gangwal family has put 15.6 million shares on the block with a floor price of Rs 2,400 per share, which is a 5.8% discount to the closing price of Monday.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-597777","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/597777","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=597777"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/597777\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=597777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=597777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=597777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}