Discover the Premier Kannur Airport Share Price Only on Planify

1. Exploring The Rise of Kannur Airport Share Price Introduction: Kannur International Airport Ltd, an unlisted public company promoted by the Government of Kerala, has recently seen a notable rise in Kannur International Airport Share Price. This increase in Kannur International Airport Share Price reflects the growing confidence of investors in the airport's potential and its strategic importance to the region. Kannur International Airport Ltd, an unlisted public company promoted by the Government of Kerala, was established to build and operate an airport meeting international standards. Its primary purpose is to serve the travel needs of the large NRI population in the region, frequent international travelers, the thriving business community, and tourists. This is Kerala's second greenfield airport, built on a Public Private Partnership model, covering an area of approximately 2,300 acres. The land was acquired by the State Government through KINFRA, the Nodal Agency, and is being transferred to the company in phases. The construction of the airport is now complete. The runway, oriented at 07(07/25), measures 3050 meters and will be extended to 4000 meters soon. The Passenger Terminal Building spans over 97,000 square meters. Kannur International Airport was commissioned on December 9, 2018, making it Kerala's fourth international airport. Remarkably, within just nine months of operation, the airport handled 1.5 million passengers, making Kerala the only state in India with four international airports. Kannur International Airport Ltd was incorporated on December 3, 2009, under ROC-Ernakulam, with CIN No. U63033KL2009PLC025103. 1

2. Company Background Kannur International Airport Ltd was established to build and operate an airport meeting international standards. The primary aim of this venture is to serve the travel needs of the large NRI population in the region, frequent international travelers, the flourishing business community, and tourists. Since its inception, the airport has been a significant infrastructural development for Kerala, enhancing connectivity and boosting economic growth. Recent Performance Operational Milestones Since commencing operations, Kannur International Airport has achieved several operational milestones. The airport has expanded its flight services, adding new domestic and international routes. These additions have increased passenger traffic and cargo handling capacity, contributing to higher revenue and improved financial performance. Financial Growth The financial growth of Kannur International Airport Ltd has been robust. The company has reported consistent revenue growth, driven by increased passenger numbers and higher demand for airport services. Efficient cost management and strategic investments have also played a role in enhancing profitability. Factors Driving Share Price Increase Strategic Location Kannur International Airport’s strategic location in northern Kerala has made it a preferred choice for travelers from the region. The airport serves as a crucial gateway for NRIs and international tourists, boosting passenger traffic and revenue. This strategic advantage has 2

3. positively influenced investor sentiment and contributed to the rise in share price. Government Support Strong support from the Government of Kerala has been instrumental in the airport’s success. Government initiatives to improve infrastructure, promote tourism, and enhance connectivity have created a favorable environment for Kannur International Airport. This support has reassured investors about the airport's long-term viability and growth prospects. Expanding Services The continuous expansion of services at Kannur International Airport has also driven the rise in its share price. The airport has introduced new amenities and facilities to enhance the passenger experience, attracting more travelers. Additionally, partnerships with major airlines and logistics companies have increased the airport’s cargo handling capabilities, contributing to revenue growth. Future Prospects Infrastructure Development Kannur International Airport Ltd has ambitious plans for further infrastructure development. The company aims to expand its terminal facilities, improve runway capacity, and enhance ground services. These developments are expected to accommodate increasing passenger and cargo traffic, driving future growth. Enhanced Connectivity Efforts to enhance connectivity are at the forefront of Kannur International Airport’s strategy. The company plans to introduce more international flights, connecting Kannur to key global destinations. This enhanced connectivity will not only attract more passengers but also boost the airport’s reputation as a major international hub. 3

4. Sustainable Practices Kannur International Airport is committed to implementing sustainable practices. The airport is investing in green technologies and initiatives to reduce its environmental impact. These efforts align with global sustainability trends and are likely to attract environmentally conscious investors, further supporting the rise in share price. Conclusion The rise in Kannur Airport's share price is a reflection of its strategic importance, robust financial performance, and future growth potential. With continued government support, strategic expansions, and a focus on sustainability, Kannur International Airport Ltd is well-positioned for long-term success. Investors can anticipate further growth as the airport continues to enhance its services and infrastructure, solidifying its role as a key player in the aviation industry. Name: - Planify Capital Limited Website: - https://www.planify.in Phone no.: - 70655 60002 Mail: - help@planify.in Address: - MiQB, Plot 23, Sector 18 Maruti, Industrial Development Area, near Motherson Sumi Systems Limited, Gurugram, Haryana 122015 4