InterGlobe Aviation Ltd (Indigo) reported a stake sale by Singapore’s sovereign wealth fund manager, GIC Private Limited, through the open market. The transaction took place on 9 March 2026 and involved the sale of 485,902 equity shares carrying voting rights.
The shares were sold on behalf of 2 entities, the Government of Singapore (GoS) and the Monetary Authority of Singapore (MAS). GIC acts as the investment manager for both institutions and exercises voting rights on the shares it manages.
Following the sale, the combined shareholding managed by GIC in InterGlobe Aviation declined to 11,536,310 equity shares. This represents about 2.984% of the company’s voting capital, down from 3.110% earlier.
Before the transaction, the 2 Singapore-linked entities together held 12,022,212 shares in the airline. The latest sale therefore reduced their holding by roughly 0.126 percentage points of the voting capital.
According to the disclosure, the Government of Singapore sold 412,770 equity shares. This accounted for around 0.107% of InterGlobe Aviation’s voting capital.
The Monetary Authority of Singapore sold 73,132 shares, representing about 0.019% of the voting capital. After the sale, GOS retained 9,298,946 shares, while MAS held 2,237,364 shares in the company.
InterGlobe Aviation reported an equity share capital of 386,590,598 shares based on its shareholding pattern for the quarter ended 31 December 2025.
On 5 March 2026, the company disclosed that its paid-up equity share capital increased slightly to 386,612,998 shares. The increase followed the allotment of stock options exercised under the InterGlobe Aviation Employee Stock Option Scheme 2023.
The company’s total diluted share capital stood at 387,385,063 equity shares.
The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. The requirement was triggered after cumulative share sales reduced GIC’s holding beyond the specified threshold.
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As of March 12, 2026, 10:25 am, InterGlobe Aviation (Indigo) share price was trading at ₹4,257.50, a 2.09% decrease from the previous closing price.
The transaction resulted in a marginal reduction in GIC’s holding in InterGlobe Aviation. The Singapore-linked entities continue to remain shareholders in the airline after the open market sale.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 12, 2026, 11:33 AM IST
Team Angel One
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