Following the sale of a 5.83% stake by promoter Rakesh Gangwal, global indices have increased IndiGo’s weightage, predicting notable inflows. After the sell-off, Gangwal’s stake in IndiGo decreased significantly. The airline is expanding operations and introducing business class seats by November and wide-body planes by 2027. Following the sale of a 5.83% stake by promoter Rakesh Gangwal, global indices have increased IndiGo’s weightage, predicting notable inflows. After the sell-off, Gangwal’s stake in IndiGo decreased significantly. The airline is expanding operations and introducing business class seats by November and wide-body planes by 2027. Economic Times
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