IndiGo block deals: 2.23 crore shares change hands; stock cracks

Block Deal: Interglobe Aviation Ltd (IndiGo) shares today fell after two block deals. As per repots, co-founder Rakesh Gangwal likely sold 5.8 per cent stake in the airline. IndiGo, headquartered at Gurugram, is India's largest passenger airline operating as a low-cost carrier. A IndiGo Block Deal : Interglobe Aviation Ltd (IndiGo) shares today (May 27) cracked as much as 4 per cent on the back of two block deals. As per details available with ET NOW, 2.23 crore shares of airline changed hands in two block deals. IndiGo, headquartered at Gurugram, is India's largest passenger airline operating as a low-cost carrier. As per reports, IndiGo co-founder Rakesh Gangwal likely sold 5.8 per cent stake in the airline worth Rs 11,928 crore. As per earlier reports, Rakesh Gangwal intended to sell a stake in the airline through a block deal worth R