{"id":610475,"date":"2026-09-09T08:02:10","date_gmt":"2026-09-09T08:02:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/610475\/"},"modified":"2026-09-09T08:02:10","modified_gmt":"2026-09-09T08:02:10","slug":"adani-enterprises-shares-jump-as-airport-unit-enters-into-1-billion-fundraising-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/610475\/","title":{"rendered":"Adani Enterprises shares jump as airport unit enters into $1 billion fundraising deal"},"content":{"rendered":"

The Adani Group signage atop the company’s headquarters in Ahmedabad, India, on Monday, Nov. 3, 2025. Adani Enterprises Ltd. is planning to raise as much as 250 billion rupees ($2.8 billion) through a rights issue as it seeks to invest in capital intensive businesses like its airports venture. Photographer: Siddharaj Solanki\/Bloomberg via Getty Images<\/p>\n

Bloomberg | Bloomberg | Getty Images<\/p>\n

Shares of Adani Enterprises<\/a> rose nearly 5% Wednesday after its airport unit announced it had entered into a deal to raise about 98.25 billion rupees ($1 billion) from a group of global and domestic investors.<\/p>\n

The binding agreement with Alpha Wave Global, Premji Invest, Temasek and BlackRock managed funds values Adani Airport Holdings at about $18 billion on a pre-money basis, according to the company statement<\/a>.<\/p>\n

The investors will subscribe to new shares in three tranches and collectively own about 5.54% of the airport operator after the final tranche, which is expected to be completed by July 2027. The deal remains subject to customary conditions and regulatory approvals.\u00a0<\/p>\n

Latest fundraising follows Adani Enterprises’ 150 billion rupee qualified institutional placement in July.<\/p>\n

The investment marks an “important milestone” in building out the airports platform, with the company planning to continue investing in infrastructure, city-side developments and non-aeronautical businesses, said Jeet Adani, non-executive director at Adani Airport Holdings.\u00a0<\/p>\n

CEO Arun Bansal said the company aims to become the world’s largest airports platform, citing growth opportunities in India, rising consumer spending power and the expansion of its city-side developments.<\/p>\n

The funds will support the expansion and modernization of airport infrastructure, accelerate the development of Adani Airport City projects and scale passenger-facing and other non-aeronautical businesses, including ground handling.<\/p>\n

The investments are expected to increase capacity to serve about 200 million passengers annually, the company said.<\/p>\n

Adani Airport Holdings manages eight airports across India and accounts more than 23% of the country’s passenger traffic, according to the company. <\/p>\n

\u2014\u00a0 CNBC’s Priyanka Salve contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"The Adani Group signage atop the company’s headquarters in Ahmedabad, India, on Monday, Nov. 3, 2025. Adani Enterprises…\n","protected":false},"author":2,"featured_media":610476,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[19335,941,114,357,85,46,190],"class_list":["post-610475","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-blackrock-inc","tag-breaking-news-markets","tag-business","tag-business-news","tag-il","tag-israel","tag-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/610475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=610475"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/610475\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/610476"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=610475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=610475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=610475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}