Which of the following company has announced that it has agreed to acquire majority stake in GVK Airport Developers Ltd that runs the Mumbai International airport?

Correct option is D

The correct answer is (d) Adani Airport Holdings Ltd.
Explanation:
· In August 2020, Adani Airport Holdings Ltd. (AAHL) announced acquisition of 74% stake in Mumbai International Airport Ltd. (MIAL).
· GVK had been operating MIAL under a PPP model with AAI.
· Adani took over debt and operations from GVK to become the majority stakeholder.
· This made Adani the largest private airport operator in India.
· It also gave control over Navi Mumbai Airport Project, under development.
Information Booster:
· Adani Group operates 7 major airports including Ahmedabad, Lucknow, and Jaipur.
· MIAL is India’s second busiest airport after Delhi.
· Adani Group’s foray into airports is part of its infrastructure expansion plan.
· AAHL is a wholly-owned subsidiary of Adani Enterprises.
· The transaction was cleared by regulatory and judicial authorities.