Rakesh Gangwal and The Chinkerpoo Family Trust have sold a 5.83% stake, valued at approximately $1.3 billion, in Indigo (InterGlobe Aviation).

Khaitan & Co advised Rakesh Gangwal and The Chinkerpoo Family Trust on this transaction.

The transaction team consisted of Anuj Shah (Partner), Chirayu Chandani (Partner), Rahul Chandramouli (Principal Associate), Akash Srinivasan (Senior Associate) and Vatsal Singh (Senior Associate).

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