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.
Representative Image (Credit: PTI)
Representative Image (Credit: PTI)
Updated on

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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