{"id":598149,"date":"2023-08-17T10:41:34","date_gmt":"2023-08-17T05:11:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=598149"},"modified":"2023-08-17T12:01:09","modified_gmt":"2023-08-17T06:31:09","slug":"indigo-promoter-shobha-gangwal-sells-rs-2-8k-cr-stake","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-promoter-shobha-gangwal-sells-rs-2-8k-cr-stake\/","title":{"rendered":"IndiGo promoter Shobha Gangwal sells Rs 2.8k cr stake"},"content":{"rendered":"<p>NEW DELHI: InterGlobe Aviation&#8217;s promoter Shobha Gangwal on Wednesday sold a nearly 2.9% stake in the company for a little over Rs 2,800 crore through open market transactions. Shobha Gangwal is the wife of Rakesh Gangwal, the co-founder of the company, which is the parent of the country&#8217;s largest airline IndiGo.<\/p>\n<p>The shares were sold in three bulk deal transactions.The shares were sold at a discount compared to Wednesday&#8217;s closing price of Rs 2,458 apiece on the BSE. At the end of the June quarter, Rakesh Gangwal and his wife Shobha Gangwal had 13.2% and 3% stakes, respectively, in the company. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: InterGlobe Aviation&#8217;s promoter Shobha Gangwal on Wednesday sold a nearly 2.9% stake in the company for a little over Rs 2,800 crore through open market transactions. Shobha Gangwal is the wife of Rakesh Gangwal, the co-founder of the company, which is the parent of the country&#8217;s largest airline IndiGo. The shares were sold in three bulk deal transactions.The shares were sold at a discount compared to Wednesday&#8217;s closing price of Rs 2,458 apiece on the BSE. At the end of the June quarter, Rakesh Gangwal and his wife Shobha Gangwal had 13.2% and 3% stakes, respectively, in the [&hellip;]<\/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":[220,130,137],"tags":[],"class_list":["post-598149","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598149","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=598149"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598149\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=598149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=598149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=598149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}