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01-01-1970 12:00 AM | Source: Reuters
India's IndiGo co-founder resigns from board, to cut down stake
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BENGALURU - One of the co-founders of Indian airline IndiGo, Rakesh Gangwal, has resigned from the board, its parent company Interglobe Aviation said in an exchange filing on Friday.
Gangwal, a non-executive, non-independent director intends to slowly cut his stake in the company over the next five years, the filing said.
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