Cidco wants to check GVK's Navi Mumbai airport stake sale for breaches.

Maharashtra government body City and Industrial Development Corporation (Cidco), which owns 26 per cent stake in Navi Mumbai International Airport (NMIAL) along with GVK Group, wants to examine the sale of stake in GVK’s airport holding company (holdco) to ensure there is no breach in the concession agreement and request for proposal conditions.

BS