Adani Airports inks pact with global investors to raise USD 1 Bn primary equity

Ahmedabad, Sep 9 : Adani Airport Holdings Limited (AAHL) on Wednesday said it has entered into binding agreements to raise Rs 9,825 crore (USD 1 billion) of primary equity capital from a consortium of investors comprising Alpha Wave Global, Premji Invest, Temasek and BlackRock managed funds.
A statement from the airports operator said the transaction values AAHL at a pre-money equity valuation of approximately USD 18 billion and represents one of the largest primary equity investments from financial institutions in India’s airport infrastructure sector.
AAHL and the investors have entered into a Share Subscription Agreement and a Shareholders’ Agreement pursuant to which the investors will subscribe to new equity shares of AAHL in three tranches, with the final tranche expected to be completed by July 2027.
Upon completion of all three tranches, the investors will collectively hold approximately 5.54 per cent in AAHL.
The investments are expected to increase capacity to serve approximately 200 million passengers annually, deepen commercial monetisation, enhance passenger experience and further strengthen AAHL’s integrated airport ecosystem.
The transaction follows AEL’s ( Adani Enterprises Limited) successful Rs 15,000 crore qualified institutional placement (QIP) in July 2026.
“This partnership marks an important milestone in building out the Adani Airports platform, and we are privileged to have such marquee, long-term investors alongside us on this journey,” said Jeet Adani, Non-Executive Director, AAHL. Limited.
AAHl is a a subsidiary of Adani Enterprises Limited (AEL).