GMR Airports (NSE:GMRAIRPORT, BOM:532754) said its wholly owned subsidiary GMR Nagpur International Airport has taken over operations of Dr. Babasaheb Ambedkar International Airport, effective June 25.
The handover follows the execution of agreements between GMR Nagpur International Airport and MIHAN India under a concession arrangement for the upgrade, development and operation of the Nagpur airport, according to a stock exchange filing on Thursday.