For the quarter that ended June 30, the consolidated profit of all listed Adani group firms jumped 155 per cent year-on-year (YoY) to Rs 6,897.85 crore.
Adani Group completes acquisition of 23.5% stake in Mumbai Airport; to hike ownership to 74%
Adani Airport Holdings (AAHL), a subsidiary of Adani Enterprises, has acquired 23.5 per cent equity stakes in Mumbai International Airport from ACSA Global and Bid Services Division (Mauritius) for Rs 1,685.2 crore
BusinessToday.In | February 7, 2021 | Updated 18:15 IST
Adani Airport Holdings acquires 23.5% stake in Mumbai International Airport
Billionaire Gautam Adani-led Adani Group has completed acquisition of 23.5 per cent equity stake in Mumbai International Airport Limited (MIAL) from Airports Company South Africa (ACSA) and Bid Services Division (Mauritius) Limited for Rs 1,685.2 crore. The Indian multinational conglomerate is set to extend shareholding to 74 per cent in MIAL, a joint venture between the Airports Authority of India and GVK Industries, which would provide the Group ownership of the upcoming Navi Mumbai airport, in which MIAL holds majority stake.
Adani Group Signs 50 Yrs Concession Agreement with AAI for Guwahati Airport
The Adani group won a bidding deal of 50 years for privatising Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram and Guwahati airports.
| 20 Jan 2021 7:08 AM GMT
GUWAHATI: Billionaire Gautam Adani-led Adani Group has signed the concession agreement with the Airports Authority of India (AAI) for operating and developing the Lokpriya Gopinath Bordoloi International Airport (LGBI) Airport in Guwahati.
The company along with the Guwahati Airport has also acquired the rights of operating and developing the airports of Jaipur and Thiruvananthapuram for a period of 50 years from the commercial operation date.
Meanwhile, on its official Twitter handle, the Adani Group wrote, Expanding the footprint of our #GatewayToGoodness, we are happy to sign a Concession Agreement with @AAI Official for operations, management and development of Jaipur, Guwahati, & Thiruvananthapuram airports. Here s to bett