Adani Group is raising $1 billion by selling 5.54% stake in its airport sector company

The group has portfolio of eight airports including Mumbai which is the second largest in the country measured by passenger traffic.

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Adani Group is raising $1 billion ( ₹9825 crore) from marquee investors including BlackRock and Temasek by selling 5.54 per cent stake in its airport sector company.The transaction values Adani Airports Holdings Limited (AAHL) at pre money equity valuation of $18 billion and proceeds will be used to fund capacity expansion and commercial development, the group announced on Tuesday.Other investors participating in the fund raise include Alpha Wave Global and Premji Invest.“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 group said.The group has portfolio of eight airports including Mumbai which is the second largest in the country measured by passenger traffic. Together these airports handle 23 per cent of India’s passenger traffic and 29 per cent of air cargo volume. In FY 2026 AAHL reported revenue of ₹13,081 crore.In a statement the group said the proceeds will support three strategic priorities: expanding and modernising airport infrastructure across AAHL’s portfolio; accelerating the development of integrated Adani Airport City ecosystems around its airports with development of around 22 million square feet of mixed-use development planned in the first phase; and scaling passenger-facing and other non-aeronautical businesses including our ground handling business.“These investments are expected to increase capacity to serve around 200 million passengers annually, deepen commercial monetisation, enhance passenger experience and further strengthen AAHL’s integrated airport ecosystem,” it said.“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.“We will continue to build capabilities within AAHL to scale it into the world’s largest airports platform,” said Arun Bansal, CEO, Adani AAHL. “This ambition is buoyed by the exponential growth opportunities across India, the rising spending power of the Indian consumer, and the momentum of our city side developments as powerful economic catalysts in the country’s major urban centres,” he added.Published on September 9, 2026