Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jun 13, 2024

Indigo Shareholder Pares Stake For Rs 224 Crore

Indigo Shareholder Pares Stake For Rs 224 Crore
An aircraft operated by IndiGo, a unit of InterGlobe Aviation Ltd., on the tarmac in an airport, (Source: Vijay Sartape/NDTV Profit)
STOCKS IN THIS STORY
Interglobe Aviation Ltd.
--

One of InterGlobe Aviation Ltd.'s shareholders sold a 0.13% stake for Rs 224 crore through an open market transaction on Thursday.

Citigroup Global Markets Mauritius Pvt. offloaded 5.21 lakh shares, which Societe Generale bought for Rs 4,300.4 apiece, according to the block deal data on the NSE.

On June 11, US-based Citigroup Inc. bought up shares of InterGlobe Aviation at a deal value of Rs 1,362 crore. The acquisition was made after a promoter entity trimmed its stake.

Citigroup Global Markets Mauritius had on June 11 mopped up 31.2 lakh shares at Rs 4,361 apiece, when promoter InterGlobe Enterprises Ltd. had sold 77.2 lakh shares for an aggregate amount of Rs 3,367 crore.

Shares of InterGlobe Aviation closed 0.11% higher at Rs 4,300.95 apiece on the BSE, as compared with a 0.27% rise in the benchmark Sensex.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search