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SR Batliboi resigns as statutory auditor of Mumbai International Airport

Adani Group checks into Mumbai Airport by acquiring 23.5% stake; on way to 74% ownership of MIAL


Adani Group checks into Mumbai Airport by acquiring 23.5% stake; on way to 74% ownership of MIAL
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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
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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. ....

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