{"id":598202,"date":"2023-08-17T12:46:15","date_gmt":"2023-08-17T07:16:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=598202"},"modified":"2023-08-17T12:46:15","modified_gmt":"2023-08-17T07:16:15","slug":"rakesh-gangwal-family-to-sell-shares-worth-usd-450-million-in-indigo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rakesh-gangwal-family-to-sell-shares-worth-usd-450-million-in-indigo\/","title":{"rendered":"Rakesh Gangwal, family to sell shares worth USD 450 million in IndiGo"},"content":{"rendered":"<p>NEW DELHI: Rakesh Gangwal and family are likely to sell shares up to $450 million (Rs 3,735 crore) in Interglobe Aviation, parent company of IndiGo, through a block deal on Wednesday, as per sources familiar with the development. <\/p>\n<p>The floor price for the sale by the Gangwals has been kept at Rs 2,400 apiece, about 6% lower than the current market price. IndiGo shares closed 1.30% higher at 2,547.50 apiece on the BSE on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Rakesh Gangwal and family are likely to sell shares up to $450 million (Rs 3,735 crore) in Interglobe Aviation, parent company of IndiGo, through a block deal on Wednesday, as per sources familiar with the development. The floor price for the sale by the Gangwals has been kept at Rs 2,400 apiece, about 6% lower than the current market price. IndiGo shares closed 1.30% higher at 2,547.50 apiece on the BSE on 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":[208,130,143],"tags":[],"class_list":["post-598202","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598202","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=598202"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598202\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=598202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=598202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=598202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}