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Adani Enterprises to sell up to 5.54% stake in airport unit to Temasek, BlackRock

  • On Sept 9, 2026, Adani Airport Holdings Limited signed binding agreements to raise $1 billion from a consortium including Alpha Wave Global, Premji Invest, Temasek, and BlackRock by selling a 5.54% stake.
  • This transaction values Adani Airport at $18 billion pre-money and marks the first foreign investment since resolving bribery allegations. Adani Airport operates eight airports in India, including Mumbai, handling about 96 million passengers annually.
  • Proceeds will support expansion and modernization of airport infrastructure across AAHL's portfolio and accelerate development of Adani Airport City ecosystems with 22 million sq. of mixed-use development planned to serve 200 million passengers annually.
  • Arun Bansal, CEO of Adani Airport Holdings, said they will "scale it into the world's largest airports platform." Jeet Adani, Non-Executive Director, added the partnership marks an important milestone for AAHL's growth.
  • Investors will subscribe to new equity shares in three tranches, with the final tranche expected to be completed in 2027. This investment brings long-duration institutional capital during India's sustained phase of passenger growth and capacity expansion.
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Social News XYZ broke the news on Wednesday, September 9, 2026.
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