CAM & Khaitan advised on the sale of 1.96% stake in IndiGo (InterGlobe Aviation Ltd) by Rakesh Gangwal and The Chinkerpoo Family Trust.
CAM acted as the Indian legal counsel to Goldman Sachs (India) Securities Private Limited, J.P. Morgan India Private Limited and Morgan Stanley India Company Private Limited with respect to the sale of equity shares of IndiGo (InterGlobe Aviation Ltd) (the “Company”) by Rakesh Gangwal and The Chinkerpoo Family Trust (the “Sellers”) undertaken on the floor of the NSE and BSE.
The Sellers have sold 7,560,000 equity shares of the Company (approx. 1.96% of the equity share capital of the Company) on August 28, 2025, for an aggregate consideration of Rs. 4,390.85 crores (approx.).
The team included Aashima Johur and Adwait Deshmukh.
Khaitan & Co advised Rakesh Gangwal and The Chinkerpoo Family Trust on the sale of their 1.96% stake in IndiGo (InterGlobe Aviation Ltd), valued at approximately INR 4420 crores.
The deal team included Anuj Shah, Chirayu Chandani, Rahul Chandramouli, Akash Srinivasan, Vatsal Singh and Vishnu Vasudevan.
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