NEW DELHI: The Adani Group It will take over the operation and management of Mangaluru, Lucknow and Ahmedabad airports on October 31 and November 2 and 7, respectively, the Airports Authority of India (AAI) announced on Thursday. Citing the pandemic, the group had time to take over the airports and …
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The Adani group plans to adopt the hub and radio model and integrate its portfolio of Mumbai and six other smaller airports: Ahmedabad, Lucknow, Mangalore, Jaipur, Trivandrum and Guwahati, for which it has won development and operating rights in more than 50 one year lease. “We see our airport portfolio …
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The Gautam Adani-controlled conglomerate said on Monday it had signed a definitive deal to buy GVK Airport Developers Ltd’s debt, against which it pledged a 50.5% stake in Mumbai International Airport Ltd (MIAL). The Adani group will also purchase the combined 23.5% stake held by Airport Company of South Africa …
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Adani Enterprises Ltd, through its subsidiary Adani Airport Holdings Limited (AAHL), has signed an agreement to acquire the debt of GVK Airport Developers Limited (GVKADL), a subsidiary of GVK Power and Infrastructure Ltd, both companies informed the stock exchanges of values. When this transaction is completed, the Adani group will …
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Adani Group, led by Gautam Adani, has acquired 74% of the shares of Mumbai International Airport Limited (MIAL), which operates India’s second largest airport in Mumbai. Under the transaction, Adani Group will acquire 50.5% of the shares of the GVK group. In addition, Adani will also acquire 23.5% of the …
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