New Delhi: The Finance Ministry has asked Airport Authority of India to issue shares in lieu of the Rs 656 crore capital it has received from the government, sources said.
AAI, a 100 pc government owned statutory corporation, was constituted by an Act of Parliament and came into being on April 1, 1995, by merging erstwhile National Airports Authority and International Airports Authority of India. Discussions were held among the officials of Ministry of Finance, Corporate Affairs and Civil Aviation.
