Supreme Court will hear the Kerala government s appeal against the Airport Authority of India s (AAI) decision to lease out Thiruvananthapuram International Airport to Adani Enterprises Limited on March 8.
A three-judge bench of the Apex Court, headed by Chief Justice of India (CJI) Sharad Arvind Bobde and Justices A S Bopanna and V Ramasubramanian said, we will hear the matter on March 8.
Kerala government had moved the Apex Court and filed an appeal against the AAI s decision to lease out Thiruvananthapuram International Airport, in the state to Adani Enterprises Ltd.
Earlier, the Kerala High Court dismissed the state government s petition challenging the Union government s decision to lease out the right of operation, management, and development of the Thiruvananthapuram international airport to Adani Enterprises Ltd.
Adani Airports acquire 23.5% shareholding in Mumbai International Airport for Rs 1,685 crore
Adani Airports acquire 23.5% shareholding in Mumbai International Airport for Rs 1,685 crore
File Image
Adani Airport Holdings (AAHL), a wholly owned subsidiary of Adani Enterprises, has acquired 23.5 per cent stake in Mumbai International Airport (MIAL) from ACSA Global Limited (ACSA) and Bid Services Division (Mauritius) Limited (Bidvest), for Rs 1,685.25 crore, the company said in a regulatory filing. As per the regulatory filing, AAHL has bought 28,20,00,000 equity shares in MIAL. We would like to inform that Adani Airport Holdings Limited (âAAHLâ) the flagship holding company of Adani Group for its airports business and a Wholly Owned Subsidiary of Adani Enterprises Limited has acquired 23.5% equity stake i.e. 28,20,00,000 (Twenty Eight Crores Twenty Lakhs) Equity Shares of INR 10 (Indian Rupees Ten) of Mumbai International Airport Limited (âMIALâ) from ACSA Glo
Adani Group checks into Mumbai Airport by acquiring 23.5% stake; on way to 74% ownership of MIAL
Top Searches
Adani Group checks into Mumbai Airport by acquiring 23.5% stake; on way to 74% ownership of MIAL
Saurabh Sinha / TNN / Updated: Feb 7, 2021, 14:01 IST
FacebookTwitterLinkedinEMail
Up Next
Adani Group chairman Gautam Adani (File photo)
NEW DELHI: The Adani Group has formally checked into Mumbai International Airport Limited (MIAL) by acquiring 23.5% stake in it held by two foreign firms ACSA Global Limited (ACSA) and Bid Services Division (Mauritius) Limited (Bidvest) for Rs 1,685.2 crore. The infra major is going to acquire 74% stake in MIAL, thereby getting the rights to develop the upcoming Navi Mumbai airport, which includes the entire 50.5% stake of outgoing promoter GVK Group.
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.
Story
Adani Enterprises Q3 results: Net profit falls 10% to Rs 343 crore; income rises to Rs 11,304 crore
The profit after tax (PAT) attributable to owners for Q3 FY21 was Rs 297 crore as against Rs 426 crore a year ago, owing to exceptional write off of exploration block on termination by the Ministry of Petroleum and Natural Gas
PTI | February 3, 2021 | Updated 22:32 IST
Gautam Adani- Adani Group Chairman
Adani Enterprises on Wednesday reported a 10.39 per cent fall in its consolidated profit to Rs 343.17 crore for the third quarter ended December 2020.
The Gautam Adani-led company had clocked a consolidated profit of Rs 382.98 crore in the corresponding quarter a year ago, it said in a regulatory filing.