Monday, September 09, 2019

Adani Enterprises advances after incorporating new firm to manage Lucknow airport

Adani Enterprises rose 1.27% to Rs 139.65 after the company said it has incorporated a company named, "Adani Lucknow International Airport" on 6 September 2019.
Gautam Adani-led Adani Enterprises (AEL) has incorporated a company Adani Lucknow International Airport on 6 September 2019 to operate, maintain, develop, design, construct, upgrade modernise and manage the Chaudhary Charan Singh International Airport in Lucknow.
This is after the company received Letter of Award from Airports Authority of India (AAI) on 15 July 2019 for operations, management and development of Chaudhary Charan Singh International Airport.
Adani Lucknow International Airport is incorporated in India with authorized share capital of Rs 1 lakh and paid up share capital of Rs 1 lakh and is registered with the Registrar of Companies, Gujarat at Ahmedabad on 6 September 2019 and is yet commence its business operations, said AEL in a filing to the exchanges. The announcement was made on Saturday, 7 September 2019.
09/09/19 Capital Market/Business Standard
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