Adani Airport Holdings to partner with AMRPL for operating duty free outlets at airports
The Hindu
AAHL will acquire a 74% stake in April Moon Retail Pvt Ltd for ₹7.40 lakh, Adani Enterprises said in a regulatory filing on Monday
Adani Airport Holdings Ltd (AAHL) will acquire a majority stake in April Moon Retail Pvt Ltd (AMRPL) for a strategic partnership to operate duty free outlets at ariports.
A wholly-owned subsidiary of Adani Enterprises, Adani Airport Holdings Ltd has signed a share subscription agreement with AMRPL and its existing shareholders namely Arjun Ahuja, Karan Ahuja, Aaliya Ahuja and Kabir Ahuja.
AAHL will acquire a 74% stake in the venture for ₹7.40 lakh, Adani Enterprises said in a regulatory filing on Monday.
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