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Adani Enterprises Launches Three New Hotel & Airport Units

NEW DELHI: Adani Enterprises Ltd (AEL) announced that its subsidiary has established three new wholly-owned units focusing on hotel and real estate development, part of its airport city expansion strategy. Adani Airport City Ltd, a wholly-owned step-down subsidiary, has formed Adani Navi Mumbai Airport City Ltd, Adani Guwahati Airport City Ltd, and Adani Ahmedabad Airport City Ltd. The newly formed entities will engage in real estate operations, including construction and hospitality services such as integrated restaurants, banquet facilities, and business centers, according to a regulatory filing. The subsidiaries “will be involved in real estate activities with owned or leased properties,…