Gangwal family trust, Rakesh Gangwal reduce InterGlobe Aviation stake
The Gangwal Family Trust, a member of the promoter group of InterGlobe Aviation, disposed of 6,804,000 equity shares in the company on August 28, 2025. This transaction reduced the trust's stake from 3.08% (11,910,413 shares) to 1.32% (5,106,413 shares) of the total voting capital. The sale was executed via an on-market transaction.
Concurrently, Rakesh Gangwal, also a promoter of InterGlobe Aviation, disposed of 756,000 equity shares on the same date, further altering the promoter holdings. This transaction decreased his individual stake from 4.73% (18,286,493 shares) to 4.54% (17,530,493 shares). The shares were sold through an on-market transaction.
Following these disposals, the total equity share capital of InterGlobe Aviation remains at 386,545,036 shares, with a face value of ₹10 per equity share. Both disclosures were filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when InterGlobe Aviation publishes news
Free account required • Unsubscribe anytime