India`s Indigo down on report co-founder`s family to sell stake of up to $450 million

16/08/2023 9:30:40 AM | Source: Reuters

India`s Indigo down on report co-founder`s family to sell stake of up to $450 million

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Shares of Interglobe Aviation dropped 3.2% in early trade on Wednesday, a day after a report said the family of IndiGo's co-founder Rakesh Gangwal would sell shares worth up to $450 million via a block deal.

IndiGo did not respond to a Reuters request for comment.

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India`s Indigo down on report co-founder`s family to sell stake of up to $450 million

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