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Adani Airports Acquires 23.5% Stake in Mumbai International Airport Ltd.

Adani Airport Holdings (AAHL), a wholly-owned subsidiary of Adani Enterprises, has acquired 23.5 percent equity stake of Mumbai International Airport Ltd. (MIAL) for Rs 1,685.25 crore (28,20,00,000 equity shares). AAHL has acquired the stake from ACSA Global (ACSA) and Bid Services Division (Mauritius) (Bidvest).

Mumbai International Airport (MIAL) is engaged in the business of development, construction and operation of Chhatrapati Shivaji Maharaj International Airport.