- Adani Airport Holdings signed binding agreements to raise about $1 billion from a consortium of investors, including Temasek and BlackRock.
- The consortium, which also includes Alpha Wave Global and Premji Invest, will subscribe to new shares in three tranches.
- The final tranche is expected to close by July 2027, giving the consortium a 5.54% stake in the company.
- Adani Enterprises shares rose nearly 5% following the announcement of the investment.
- The latest fundraising follows Adani Enterprises’ ₹15,000 crore qualified institutional placement completed in July 2026.
- The investment is seen as an important milestone in building out the airports platform, with plans for further investment in infrastructure and non-aeronautical businesses.
- Adani Airport Holdings manages eight airports across India and accounts for more than 23% of the country’s passenger traffic.
Adani Airport Holdings Limited (AAHL), a subsidiary of Adani Enterprises, has signed binding agreements to raise approximately ₹9,825 crore ($1 billion) from a consortium of investors including Temasek, BlackRock, Alpha Wave Global, and Premji Invest.1257
The deal, which values AAHL at about $18 billion pre-money, will see the investors collectively acquire a 5.54% stake in the airport operator after the final tranche is completed by July 2027.3
This capital infusion is aimed at expanding and modernizing the airport infrastructure, with plans to increase capacity to serve 200 million passengers annually. CEO Arun Bansal emphasized the growth opportunities in India, citing rising consumer spending and the expansion of city-side developments.
The funds will also support the development of Adani Airport City projects and enhance non-aeronautical businesses, including ground handling and passenger services. Jeet Adani, non-executive director at AAHL, described the investment as an “important milestone” in building the airports platform.6
The deal follows Adani Enterprises' ₹15,000 crore qualified institutional placement completed in July 2026, marking one of the largest financial institution investments in India's airport infrastructure sector.
Adani Airport Holdings currently manages eight airports, including Mumbai International Airport, accounting for about 25% of India's passenger traffic and 33% of its air cargo volumes.
“The deal values Adani Airport Holdings at about $18 billion pre-money and is expected to boost capacity to 200 million passengers annually. The company manages eight airports, including Mumbai International, accounting for about 25% of India's passenger traffic and 33% of its air cargo.”
CNBC
