{"id":644615,"date":"2025-08-28T09:11:58","date_gmt":"2025-08-28T03:41:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=644615"},"modified":"2025-08-28T11:31:32","modified_gmt":"2025-08-28T06:01:32","slug":"rakesh-gangwal-to-sell-3-1-indigo-stake-via-rs-7027-crore-block-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rakesh-gangwal-to-sell-3-1-indigo-stake-via-rs-7027-crore-block-deal\/","title":{"rendered":"Rakesh Gangwal to sell 3.1% IndiGo stake via Rs 7,027 crore block deal"},"content":{"rendered":"<p>IndiGo co-founder Rakesh Gangwal and the Chinkerpoo Family Trust plan to sell a 3.1 per cent stake in InterGlobe Aviation Ltd, which operates IndiGo, through a block deal worth about \u20b97,027 crore, according to a CNBC-TV18 report. <\/p>\n<p>The shares are being offered at a floor price of \u20b95,808 apiece, deal terms showed. This is at a nearly 4 per cent discount to the company\u2019s closing price of \u20b96,044.75 on Tuesday. The sellers have agreed to a 150-day lock-up period on any further share sale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IndiGo co-founder Rakesh Gangwal and the Chinkerpoo Family Trust plan to sell a 3.1 per cent stake in InterGlobe Aviation Ltd, which operates IndiGo, through a block deal worth about \u20b97,027 crore, according to a CNBC-TV18 report. The shares are being offered at a floor price of \u20b95,808 apiece, deal terms showed. This is at a nearly 4 per cent discount to the company\u2019s closing price of \u20b96,044.75 on Tuesday. The sellers have agreed to a 150-day lock-up period on any further share sale.<\/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":[216,130,148],"tags":[],"class_list":["post-644615","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/644615","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=644615"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/644615\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=644615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=644615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=644615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}