<h1>Co-founder and family trust to sell up to 3.1% stake in major airline via Rs7,027.7 crore secondary offer</h1> A co-founder and an affiliated family trust intend to sell up to 3.1% of a major airline via a secondary offer valued at about Rs 7,027.7 crore, comprising 12.1 million shares at a floor price of Rs 5,808 per share. The sale will occur on the domestic exchanges through one or more trades, with proceeds to the selling shareholders, reducing their combined stake from 7.81% to 4.71%. Vendors and immediate relatives face a 150-day lock-up, though one negotiated transfer of at least USD 300 million to a single buyer at or above the offer price is permitted.