Adani Enterprises Ltd.

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Adani Enterprises’ arm takes over management control of Mumbai International Airport

Date: 14-07-2021

Adani Enterprises’ wholly owned subsidiary -- Adani Airport Holdings (AAHL) has taken over the management control of Mumbai International Airport (MIAL) from the GVK Group.

This follows approvals received from the Government of India, the City and Industrial Development Corporation (CIDCO) of Maharashtra, and the Government of Maharashtra. MIAL is India’s second busiest airport by both passenger and cargo traffic. With eight airports in its management and development portfolio, AAHL is now India's largest airport infrastructure company, accounting for 25% airport footfalls. With the addition of MIAL, AAHL will now also control 33% of India’s air cargo traffic.

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.