Per the term sheet, the stake sale — which accounts to around 3.4 per cent of total equity of airline — could fetch the sellers around ₹6,831 crore ($803 million) as per the offer floor ...

IndiGo shares under spotlight as Gangwal family reportedly prepares Rs 6,831 crore stake sale through block deal (Representational image: PTI) The share price of InterGlobe Aviation (IndiGo ...

The promoter and the family trust are likely to sell up to a 3.4 per cent stake in the aviation giant IndiGo, the news agency PTI reported. Goldman Sachs (India) Securities, Morgan Stanley India ...

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IndiGo co-founder Rakesh Gangwal is set to offload up to 3.4% of his equity in the airline’s parent company, InterGlobe Aviation, through a block deal that could fetch as much as ₹6,831 crore, ...

New Delhi, May 26 (PTI) InterGlobe Aviation promoter Rakesh Gangwal and his family trust are likely to offload up to 3.4 per cent stake worth at least Rs 6,831 crore in the airline on Tuesday, ...

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The total number of shares has been raised from the initial 13.2 million shares (1.32 crore shares) worth around $803 million (around Rs 6,831 crore) mentioned in the earlier term sheet. The floor ...