Adani Airports acquires 23.5% stake in Mumbai Airport for ₹1,685 crore

Adani Airport Holdings (AAHL) has acquired a 23.5% equity stake of Mumbai International Airport Limited (MIAL) from ACSA Global Limited and Bid Services Division (Mauritius) for ₹1,685.25 crore. In August 2020, AAHL said it was going to acquire a controlling stake in MIAL. Earlier, Adani Group had received permission to operate six airports through public-private partnership model.