Adani Ports and SEZ incorporates wholly-owned aircraft leasing unit
Mumbai: Adani Ports and Special Economic Zone Ltd (APSEZL) on Monday said it has incorporated a wholly-owned aircraft leasing unit, Udanvat Leasing IFSC Ltd.
The entity will have an authorised and paid-up share capital of Rs 2.5 crore.
Udanvat has been incorporated with the objective to carry out business activity of owning and leasing of aircraft, the compay said in a regulatory filing.
APSEZL has incorporated a wholly-owned subsidiary company “Udanvat Leasing IFSC Ltd” on October 23, 2023, the company said in the filing.
