Adani Airport Holdings Raises ₹ 9,825 Crore Equity From Global Investors

Adani Airport Holdings Limited (AAHL), a subsidiary of Adani Enterprises Limited (AEL) and one of India's largest private airport operators, has entered into binding agreements to raise ₹9,825 crore (approximately $1 billion) in primary equity capital from a consortium of leading domestic and global investors, the company announced on Tuesday.

The investor consortium comprises Alpha Wave Global, Premji Invest, Temasek, and BlackRock-managed funds. The transaction values AAHL at a pre-money equity valuation of approximately $18 billion, setting a significant external institutional benchmark for the airports platform.

Under the deal, AAHL and the investors have signed a Share Subscription Agreement and a Shareholders' Agreement, with the investors subscribing to new equity shares in three tranches. The final tranche is expected to be completed by July 2027. Once all three tranches are complete, the investor group will collectively hold approximately 5.54% in AAHL.