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SIMCA enters airport advertising market with ₹5 lakh monthly Shirdi deal

SIMCA enters airport advertising market with ₹5 lakh monthly Shirdi deal

·Excerpt
SIMCA enters airport advertising market with ₹5 lakh monthly Shirdi deal
Image: According to the NSE filing, MADC awarded the advertising rights through a leave and licence arrangement. The agreement covers advertising on the city side of the airport in Kakdi, Maharashtra. (AI-generated Image for representational purposes only)

SIMCA Advertising Limited has entered the airport advertising segment after securing advertising rights at Shirdi Airport in Maharashtra from Maharashtra Airport Development Company Limited (MADC), with the contract carrying an estimated consideration of ₹5 lakh per month, plus applicable taxes.In a regulatory filing to the National Stock Exchange of India (NSE) on October 15, the company said it had secured the advertising rights on a leave and licence basis on the city side of Shirdi Airport, located in the Kakdi…

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