In an announcement to the stock exchange the company said Adani Airport Holdings Limited (AAHL), Adani Enterprises, Adani Enterprises Limited, Adani Group, GVK Airport Developers Limited (GVK ADL), GVK Power and Infrastructure Limited, Mumbai International Airport Limited (MIAL), Navi Mumbai International Airport Limited. The company sold its stake held through its subsidiary, Bangalore Airport Infrastructure Developers Pvt Ltd. The initial concession period is 30 years from the appointed date which is extendable for a further 10 years. GVK Airport Developers Private Limited is engaged in the development of domestic and international airports in India and internationally. The approval was given through the 'green channel' route. "Commission received Green Channel combination pertaining to the acquisition of GVK Airport Developers Limited by Adani Airport Holdings Limited. GVK Group holds 50.50 per cent equity stake in Mumbai International Airport Limited (MIAL). Find other contact information for Gvk Airport Developers Limited such as Email, Website and more below. Get the latest Gvk airport developers news, videos and headlines. By Erika Dwi Posted on January 8, 2019 Category : Developer; Gvk signs pact with adia niif to offer waiting for take off stake in airport business to pare debt annual report 2016 punj lloyd group indonesia market ysis airport sector. The company has reportedly 22 charges associated and 297 documents available for download. In a regulatory filing, Adani Enterprises said, “Adani Airport Holdings Limited, the flagship holding company of Adani Group for its airports business (and a subsidiary of Adani Enterprises) has entered into an agreement to acquire the debt of GVK Airport Developers.” Business GVK signs pact to cooperate with Adani in relation to Mumbai airport. GVK Airport Developers serves customers worldwide. Gvk Airport Developers Limited company's registered office address is Paigah House,156 159, S P Road, S P Road Secunderabad Tg 500003 In. 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). GVK Airport Developers Limited provides construction services. Latest Posts. In this regard, the Appellant wishes to point out that it has a right to charge interest on the advances made by the Appellant to the level - 2 company [i.e. Green channel is an automatic approval system, whereby a combination is deemed to have been approved by the CCI upon … In September 2020, Adani Airport acquired GVK Airport Developers’ 50.50% stake in Mumbai International Limited (MIAL). New Delhi, Sep 24 (IANS): The Competition Commission of India (CCI) has approved the Adani Airport Holdings' (AAHL) acquisition of a controlling stake in the Mumbai Airport from the GVK Airport Developers Ltd. “Commission received Green Channel combination pertaining to acquisition of GVK Airport Developers Limited by Adani Airport Holdings Limited. The Company develops, operates, and manages airport infrastructure projects. The two firms did not give further financial details of the deal. Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. GVK, which currently manages the Mumbai International Airport through its subsidiary GVK Airport Developers, said Yes Bank would be the lead bank and mandate lead arranger for phase I and phase II of the Navi Mumbai airport project. 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