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  2. Jul 13, 2021 · MIAL owns 74% of the Navi Mumbai airport, for whose takeover it recently received a nod from the nodal body CIDCO. According to the latest annual report of Adani Enterprises, the total debt of MIAL taken over by Adani was Rs 11,139 crore as of March.

    • GVK Group

      Adani takes over Mumbai International Airport, becomes...

  3. Aug 31, 2020 · GVK ADL is the holding company through which GVK Group holds 50.50% equity stake in MIAL, which in turns holds 74% equity stake in Navi Mumbai International Airport Limited (NMIAL). According to the agreement, AAHL will acquire the debt of GVKADL from its airport lenders.”

  4. Jul 16, 2021 · The acquisition also entitles Adani to a 74% stake in the proposed Navi Mumbai International Airport, which will be the second airport for India’s commercial capital.

  5. Adani Group will have 74 per cent stake in Mumbai's Chhatrapati Shivaji Maharaj International Airport, post the stake purchase transaction, with 50.5 per cent being bought from GVK Group and 23.5...

  6. Aug 31, 2020 · The Adani Group on Monday announced that it has acquired 74% stake in Chhatrapati Shivaji Maharaj International Airport in Mumbai. This makes the group the second largest private operator in...

  7. Feb 7, 2021 · 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. The remaining 26% in MIAL will be with Airports Authority of India (AAI).

  8. Nov 2, 2020 · The airport is operated by Navi Mumbai International Airport Limited (NMIAL). Mumbai International Airport Limited (MIAL) owns a 74% interest in NMIAL while the City and Industrial Development Corporation of Maharashtra (CIDCO) holds the remaining 26%.