Gangwal sells 5.25% stake in InterGlobe for Rs 9,549 crore

August 30, 2024

In February 2022, Rakesh Gangwal, co-founder of India’s largest carrier, announced his decision to gradually reduce stake in the company and stepped down from the company’s board. This decision followed a two-year-long bitter battle with co-promoter Rahul Bhatia.

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