Adani Airports secures $1 billion equity funding from global investors

Adani Airport Holdings Limited entered into definitive agreements to raise approximately ₹9,825 crore, or about $1 billion, from a group of investors that includes Alpha Wave Global, Premji Invest, Temasek and funds managed by BlackRock. The funding will be provided in three separate tranches, with the last tranche expected by July 2027, and will give the investors a small shareholding in the airport operator. Proceeds are earmarked for upgrading airport facilities, creating mixed-use "airport city" developments, and scaling passenger-focused and other non-aeronautical businesses like ground handling.

The move builds on a ₹15,000 crore qualified institutional placement by Adadi Enterprises earlier in 2026, which was described as the largest by a non-financial corporate in India. Advisors to the deal included Cyril Amarchand Mangaldas, AZB & Partners, JSA Advocates, TT&A Advocates, Jefferies India, SBI Capital Markets and Ernst & Young.