Adani Airport Holdings to raise ₹9,825 crore from global investors

•Adani Airport Holdings to raise ₹9,825 crore from global investors, including Alpha Wave Global, Premji Invest, Temasek, and BlackRock funds.

•Funds will be used to expand and modernise airports, develop 22 million sq ft of mixed-use projects, and scale ground handling and non-aeronautical businesses.

•The transaction values Adani Airport Holdings at about $18 billion, with the consortium acquiring a 5.54% stake in the airport operator.

•The investment is expected to strengthen airport infrastructure and allow for expansion of businesses around airports.