The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for The Chinkerpoo Family Trust
INDIGO · price
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Awaiting price reaction for this filing.
The Chinkerpoo Family Trust (Trustee: Shobha Gangwal), part of the promoter group of InterGlobe Aviation (IndiGo), sold 68,04,000 equity shares (1.76% of total share capital) through an on-market sale on 28 August 2025. The trust's holding fell from 1,19,10,413 shares (3.08%) to 51,06,413 shares (1.32%) post the transaction. No shares were encumbered and the mode of sale was open market. Persons Acting in Concert include Rakesh Gangwal, Shobha Gangwal, and Asha Mukherjee. The company's total share capital remained unchanged at 38,65,45,036 equity shares.
This is a notable reduction in promoter family stake in IndiGo, which may create short-term selling pressure on the stock. However, since the sale was executed on the market, it also provides liquidity and transparency. Investors should monitor further promoter group disclosures for additional sell-down activity.