Gangwal to dump 3.3% IndiGo stake for $450 million
MUMBAI: Rakesh Gangwal, the outgoing promoter of main home airways InterGlobe Aviation that operates underneath IndiGo model, is promoting 3.3% stake within the firm via block offers on Monday that would fetch him about Rs 3,730 crore (about $450 million). Gangwal plans to promote rather less than 1.3 crore shares of Indigo at a ground […]