Multiple choice

GVK Power & Infrastructure (GVKPIL) was in news recently for buying out the 17% stake of L&T Infrastructure Development Projects in Bengaluru International Airport (BIAL) project. Which of the following is the largest shareholder in BIAL with a 40% stake?

  1. GVK Power & Infrastructure Ltd

  2. Zurich Airport

  3. Siemens Project Ventures

  4. Airports Authority of India

  5. Karnataka State Industrial Investment & Development Corporation

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Siemens Project Ventures held the largest 40% stake in Bengaluru International Airport (BIAL). GVK Power & Infrastructure was in the news for acquiring L&T's 17% stake, making them a significant shareholder but not the largest. Zurich Airport and other entities held smaller stakes. This ownership structure was part of the public-private partnership model for airport development.