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IndiGo co-founder Rakesh Gangwal resigns from board, to cut down stake

Gangwal, a non-executive, non-independent director intends to slowly cut his stake in the company over the next five years, the filing said.

IndiGo co-founder Rakesh Gangwal resigns from board, to cut down stake
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Representative Image (Credit: PTI)

Bengaluru

One of the co-founders of Indian airline IndiGo, Rakesh Gangwal, has resigned from the board, its parent company Interglobe Aviation said in an exchange filing on Friday.

Gangwal, a non-executive, non-independent director intends to slowly cut his stake in the company over the next five years, the filing said. 

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