 "Mumbai airport")
The Adani group has secured its claim over 13.5 per cent stake in the Mumbai International Airport Limited (MIAL) following an extension to the deal deadline.
The group, which had signed a share purchase agreement with Bidvest in March to acquire latter's 13.5 per cent stake in MIAL, had moved the Bombay High Court for execution of the contract. On Tuesday, the company informed the court that the 'long stop date' (deadline) for payment of purchase amount of Rs 1,248 crore and transfer of shares has been extended from September 30 to November 7.
The Adani group and GVK are locked in
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