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| Exchange Disseminated Time | With reference to the earlier letter dated June 04, 2015 about GVK Airport Services Private Limited (GVKASPL), GVK Power & Infrastructure Ltd clarify that "GVKASPL, does not own or operate the Mumbai or Bangalore International Airports. This was wrongly interpreted in the media this morning. Our airport business vertical is held by GVK Airport Developers Limited which is another 100% subsidiary of the Company and there is no change in the current ownership / shareholding of Mumbai and Bangalore International Airports.
Please note that this new subsidiary (i.e. GVKASPL) of GVK Power & Infrastructure Limited (the Company), will provide all the necessary technical and consultancy services, within and outside India, on the airport business of the Company." |
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