Business Update25 Jun 2026, 04:51 pm
GMR Airports Subsidiary Takes Over Nagpur Airport Operations
AI Summary
GMR Airports Limited announced that its wholly-owned subsidiary, GMR Nagpur International Airport Limited (GNIAL), has commenced operations at Dr. Babasaheb Ambedkar International Airport in Nagpur. The handover of airport assets and operations was executed on June 25, 2026, in line with the concession agreement with MIHAN India Limited. This development is a continuation of previous intimations regarding the Nagpur Airport concession, which aims to upgrade, develop, and operate the airport.
Key Highlights
- GNIAL, a subsidiary of GMR Airports, has taken over Nagpur Airport operations.
- Operations commenced effective June 25, 2026.
- This is in line with the concession agreement with MIHAN India Limited.
- The agreement involves upgrading, developing, and operating the airport.
Price Impact
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