{"id":12522,"date":"2022-02-21T11:30:29","date_gmt":"2022-02-21T06:00:29","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-stocks-indigo\/"},"modified":"2022-02-21T11:36:18","modified_gmt":"2022-02-21T06:06:18","slug":"biz-stocks-indigo","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-stocks-indigo\/","title":{"rendered":"InterGlobe Aviation&#8217;s shares fall over 4% after Rakesh Gangwal&#8217;s resignation"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3200039379\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of InterGlobe Aviation Ltd dived over four per cent during the early trade on Monday, after Rakesh Gangwal resigned from the company&#8217;s board of directors.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2941768769\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>On the BSE, the shares were down 4.47 per cent to Rs 2,025.45 apiece.<\/p>\n<p>Likewise, on the National Stock Exchange (NSE), the scrip declined 4.31 per cent to trade at Rs 2,025.2 during the morning trade.<\/p>\n<p>IndiGo co-promoter Rakesh Gangwal on Friday resigned from the board of directors of parent company InterGlobe Aviation.<\/p><div class=\"trade-content_5\" id=\"trade-2999938552\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>He further stated that he will gradually reduce his equity stake in the airline over the next five years.<\/p>\n<p>Gangwal and his related entities own around 37 per cent stake in this company. Rahul Bhatia and his related entities own around 38 per cent in InterGlobe Aviation. PTI SRS HRS hrs<\/p>\n<div class=\"trade-after-content\" id=\"trade-2918912413\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of InterGlobe Aviation Ltd dived over four per cent during the early trade on Monday, after Rakesh Gangwal resigned from the company&#8217;s board of directors. On the BSE, the shares were down 4.47 per cent to Rs 2,025.45 apiece. Likewise, on the National Stock Exchange (NSE), the scrip declined 4.31 per cent to trade [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":12542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[2094,85],"class_list":["post-12522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-indigo","tag-indigo-airlines"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>InterGlobe Aviation&#039;s shares fall over 4% after Rakesh Gangwal&#039;s resignation - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-stocks-indigo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"InterGlobe Aviation&#039;s shares fall over 4% after Rakesh Gangwal&#039;s resignation\" \/>\n<meta property=\"og:description\" content=\"Shares of InterGlobe Aviation Ltd dived over four per cent during the early trade on Monday, after Rakesh Gangwal resigned from the company&#8217;s board of directors. 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