Adani Airports Raises $750 Million from Global Banks, Stock Sees Mild Gain

The funds will be used to refinance existing debt, upgrade infrastructure, and expand capacity across AAHL’s six airports in Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram. The company also plans to enhance non-aeronautical segments such as retail, F&B, and duty-free operations.

“The trust placed in us by leading global financial institutions underscores the long-term value and potential of India’s aviation infrastructure,” said Arun Bansal, CEO of AAHL.

Following the announcement, shares of Adani Enterprises edged up by 0.21% to Rs 2,496 on the BSE, with a market capitalization of Rs 2.88 lakh crore. The stock showed moderate trading activity and remains technically neutral, with an RSI of 52.9.

AAHL, incorporated in 2019 as a wholly owned arm of Adani Enterprises, entered the airport sector after winning bids to operate six key Indian airports under long-term concession agreements with the Airports Authority of India.