Rakesh Gangwal likely to sell 3% stake in IndiGo: Reports
Amid differences with co-founder Rahul Bhatia, Gangwal, in February 2022, resigned from the board of directors of InterGlobe Aviation and also said that he would gradually reduce his equity stake in the airline over the next five years.
The Chinkerpoo Family Trust, whose trustee is Shobha Gangwal and JP Morgan Trust Company of Delaware, owned a 13.49 per cent stake, as per the shareholding data on the BSE. (ANI/File image)