How to Buy Kannur International Airport Share| Guidelines and Steps to Purchase KIAL Share
The guidelines and steps to buy/purchase the Kannur International Airport Projects are given here. Shares are available for a fence value of Rs. 100 and minimum number of shares is 2001.
Kannur International Airport Share Details
Government : 26%
Public Sector Undertakings : 23%
Government-promoted Companies : 2%
Private institutions and individuals : 49%How to Buy Kannur International Airport Shares
Applications are invited for the purchase of Kannur International airport private shares. The following are some of the noteworthy information regarding application for Kannur International Airport Shares.
• The face value of each share in Kannur International Airport project is Rs.100 and minimum number of shares is 2001 shares.
• Anyone applying for the Kannur International airport private share should apply for a minimum amount of Rs. 2.01 lakh.
• Application form must be prepared in white paper.
• Application form should include the following details: Full address with Phone Number, Number of Shares needed.
• Attach a Demand Draft of25% of the amount of shares one is willing to purchase. (For a share value of 2.01 lakh, a DD of Rs.50,025 must be taken.
• DD must be drawn in favor of Kannur International Airport Ltd. payable at Thiruvananthapuram.
• The address of sending Application for purchase:
Parvathi, TC 36/1, N.H. Bye Pass
Chakka
Thiruvananthapuram-695024
• Last date for sending application is January 31.
• Final decisions will be done by Director of Board Meeting after January 31.
• The rejected applicants will get their cash refundable.
• According to Kerala Chief Minister V S Achuthananthan, the 49% private share will be given to maximum number of people.
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