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February 07, 2016 6:35 AM ET

Transportation Infrastructure

Company Overview of Kannur International Airport Limited

Company Overview

Kannur International Airport Limited operates as an airport in India. The company was incorporated in 2009 and is based in Thiruvananthapuram, India.

KINFRA House Annexe

TC No. 9/2585

Elankom Gardens

Vellayambalam

Thiruvananthapuram,  695 010

India

Founded in 2009

Phone:

91 47 1272 6609

Fax:

91 47 1272 7241

Key Executives for Kannur International Airport Limited

Managing Director and Director
Advisor of Land Matters
Compensation as of Fiscal Year 2015.

Kannur International Airport Limited Key Developments

KIAL Unsure About Government's INR 2.6 Billion Investment Plans Through AAI

G Chanmdramouli, Managing Director of Kannur International Airport Limited has revealed that the company is still to learn from the Central Government about its final decision on its previous pledge of making INR 2.6 billion investments in the project via the Airports Authority of India. He has further said that company plans to sell its stake to the public in the event of Government s retracting of its commitment. The KIAL Managing Director stated, The Central government has intimated us that it will limit its participation in the project to INR 1 billion against INR 2.6 billion it had promised earlier for 26% stake. Mr. Chanmdramouli added, The Chief Minister and the Minister in charge of airports have taken up the matter with the Centre. We expect a favorable decision soon.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 15, 2015
--
Private Placement
June 25, 2015
--
 

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