IndiGo co-founder's family likely to sell stake worth up to $909.6 mn

The family of IndiGo's co-founder Rakesh Gangwal is likely to sell between 5-8% stake in the Indian airline's parent InterGlobe Aviation Ltd , worth upto 75 billion rupees ($909.58 million). The Gangwal family will likely sell stake in block deals when the lock in for shares open on July 15, the report said.

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