InterGlobe Aviation Ltd (INDIGO IN)’s co-founder Rakesh Gangwal’s 29%+ stake was released from lock-up today. In this note, we talk about the possible placement.
Boomeranged on Tue, 15 Aug 2023 16:38
A deal worth US$450m has just been launched. Its very well flagged, as one can tell from our prior note, although the deal size is somewhat smaller than what media was reporting.
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