Adani Enterprises , through its wholly owned subsidiary Adani Airport Holdings Limited (AAHL), has made a significant move to strengthen its position in the aviation sector. On November 12, 2025, AAHL executed a Share Purchase Agreement (SPA) to acquire a 100% stake in AGH Port Aviation Services Private Limited from Indo Thai Airport Management Services Private Limited.

Key Details of the Acquisition

Strategic Implications

This acquisition marks a significant expansion of Adani's airport operations portfolio. Upon completion of the transaction, AGH Port Aviation Services will become fully owned by Adani Airport Holdings, potentially enhancing the group's capabilities and reach in the aviation services sector.

Regulatory Compliance

The company has promptly disclosed this development in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. This transparency ensures that shareholders and the market are duly informed of this strategic move.

Market Impact

While the financial details of the transaction have not been disclosed, this acquisition is likely to be viewed as a strategic expansion of Adani's aviation portfolio. It underscores the group's continued focus on growing its presence in the airport and aviation services sector.

Future Outlook

As Adani Airport Holdings integrates AGH Port Aviation Services into its operations, industry observers will be keen to see how this acquisition may enhance the company's service offerings and market position in the aviation sector. The move could potentially lead to synergies and expanded capabilities for Adani's airport operations.

This development comes at a time when the aviation sector is seeing renewed interest and strategic movements, highlighting the importance of airport infrastructure and related services in India's growing economy.

Adani Enterprises Limited (AEL) has announced a significant rights issue, aiming to raise Rs 24,930 crore through the issuance of partly paid-up equity shares. This move comes as part of the company's strategic financial planning and capital raising efforts.

Rights Issue Details

The Rights Issue Committee of the Board of Directors has approved the following terms:

Impact on Share Capital

The rights issue is set to expand AEL's equity base significantly:

• Pre-issue outstanding equity shares: 1,15,41,80,729
• Post-issue outstanding equity shares: 1,29,26,82,416 (assuming full subscription)

This represents an increase of approximately 12% in the company's total outstanding shares.

Strategic Implications

The substantial size of this rights issue suggests that Adani Enterprises is looking to strengthen its capital structure and potentially fund future growth initiatives. By offering shares to existing shareholders, the company is providing them an opportunity to maintain their proportionate ownership while raising significant capital.

Market Context

This announcement comes at a time when Adani Enterprises has been actively managing its portfolio. In a separate development, the company's wholly-owned subsidiary, Adani Airport Holdings Limited (AAHL), has entered into an agreement to divest 25% of its stake in World Plate Collective Cuisines Limited (WPCCL) to AJ Holding Limited. This move aligns with the group's strategy of selective partnerships in its various business verticals.

Investor Considerations

Existing shareholders of Adani Enterprises will need to carefully consider their participation in this rights issue. The pricing at Rs 1,800.00 per share and the entitlement ratio will be key factors in their decision-making process.

Investors and market analysts will be keenly watching how this capital raise impacts Adani Enterprises' financial position and future growth plans. The success of this rights issue could be seen as an indicator of investor confidence in the company's long-term prospects.

As always, potential investors are advised to conduct their own research and consider their financial objectives before making investment decisions.