Adani Airports Raises $1B, Hits $18B Valuation from Global Investors
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Ahmedabad – September 12, 2026 -- Adani Airport Holdings Limited (AAHL) has signed binding agreements to raise ₹9,825 crore (~USD 1 billion) in primary equity capital from Alpha Wave Global, Premji Invest, Temasek and BlackRock managed funds, valuing the airports platform at a pre-money equity valuation of ~USD 18 billion.
Investor consortium to hold 5.54% stake after three tranches
Under a Share Subscription Agreement and Shareholders' Agreement, the investors will subscribe to new AAHL equity shares across three tranches, with the final tranche due for completion by July 2027. Once all tranches close, the consortium will collectively hold approximately 5.54% of AAHL, a subsidiary of Adani Enterprises Limited (AEL) and one of India's largest private airport operators.