Zurich Airport International AG (ZAIA) has signed a shareholder agreement with the Noida International Airport (NIAL) for the airport's development. YIAPL is a 100 per cent subsidiary of Zurich Airport International and has been incorporated for the development of Noida International Airport in Jewar. NIAL will hold a golden share in YIAPL and the right to nominate two directors to the board as per the shareholder agreement. NIAL’s CEO, Arun Vir Singh and UP Civil Aviation’s Director Vishak Iyer will be added as the board of directors.Contact: Noida International Airport.Website: www.nialjewar.com