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HomeEconomyIndia's IndiGo's co-founder Gangwal sells 5.8% stake in airline via bulk deals

India’s IndiGo’s co-founder Gangwal sells 5.8% stake in airline via bulk deals

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BENGALURU (Reuters) – Rakesh Gangwal, co-founder of Indian carrier IndiGo, has sold a 5.8% stake in operator Interglobe Aviation via bulk deals on Monday, stock exchange data showed.

Morgan Stanley bought 2.1 million shares in Indigo at 3,015.10 rupees.

(Reporting by Navamya Ganesh Acharya in Bengaluru; Editing by Sonia Cheema)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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