{"id":597836,"date":"2023-08-16T12:11:46","date_gmt":"2023-08-16T06:41:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=597836"},"modified":"2023-08-16T12:11:46","modified_gmt":"2023-08-16T06:41:46","slug":"indigo-shares-drop-5-as-gangwal-family-pares-stake-via-block-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-shares-drop-5-as-gangwal-family-pares-stake-via-block-deal\/","title":{"rendered":"IndiGo shares drop 5% as Gangwal family pares stake via block deal"},"content":{"rendered":"<p>Shares of InterGlobe Aviation, which runs low-cost airline IndiGo, on Wednesday declined up to 4.8% to day&#8217;s low at Rs 2,425 after the promoter Gangwal family likely pared a part of its 29.72% stake in the company via block deals.<\/p>\n<p>Gangwal family was earlier said to have put 15.6 million shares on the block with a floor price of Rs 2,400 per share, which was a 5.8% discount to the closing price of Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of InterGlobe Aviation, which runs low-cost airline IndiGo, on Wednesday declined up to 4.8% to day&#8217;s low at Rs 2,425 after the promoter Gangwal family likely pared a part of its 29.72% stake in the company via block deals. Gangwal family was earlier said to have put 15.6 million shares on the block with a floor price of Rs 2,400 per share, which was 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-597836","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\/597836","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=597836"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/597836\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=597836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=597836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=597836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}