Latest news about Adani Enterprises
Adani Enterprises
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More news about Adani Enterprises
19Nov 25
Adani Enterprises: Creditor Approval for Jaiprakash Associates Offer and Termination of AWL Shareholders Agreement
Adani Enterprises has received unanimous creditor approval for its offer to debt-ridden Jaiprakash Associates, marking a significant step in the latter's financial restructuring. In a separate move, Adani Enterprises and its subsidiary Adani Commodities LLP (ACL) have terminated their shareholders agreement with Lence Pte Ltd regarding AWL Agri Business Limited. ACL sold 13% of AWL to Lence, reducing its stake to 7%, while Lence now holds 56.94%. As a result, AWL is no longer an associate of Adani Enterprises.
17Nov 25
Navi Mumbai International Airport Set to Launch Operations on Christmas Day 2025
Adani Enterprises' subsidiary NMIAL announces the commencement of commercial operations at Navi Mumbai International Airport (NMIA) on December 25, 2025. The airport will initially operate for 12 hours daily with 23 scheduled departures, expanding to 24-hour operations from February 2026. IndiGo, Air India Express, and Akasa Air will be the first airlines to operate from NMIA, connecting to 16 domestic destinations. The airport's initial capacity is 20 million passengers and 0.50 million metric tonnes of cargo annually, with plans to handle up to 90 million passengers upon full completion. ORAT trials are underway to ensure operational readiness.
17Nov 25
Adani Enterprises Shares Trade Ex-Rights as Company Aims to Raise ₹24,930 Crore
Adani Enterprises has initiated a rights issue, offering 13.85 crore partly paid-up equity shares at ₹1,800 per share, a 28% discount to the current market price. The rights ratio is 3 shares for every 25 owned, aiming to raise ₹24,930 crore. The issue opens on November 25, with allotment scheduled for December 11, 2025. This move allows existing shareholders to increase their stake at a discounted price and provides the company with significant capital for potential debt reduction, expansion, or financial strengthening.
14Nov 25
Adani Enterprises Expands into Chemical Sector with New Subsidiary
Adani Enterprises Limited (AEL) has incorporated a new step-down subsidiary, Singrauli Syn-Gas & Chemicals Limited (SSGCL), to enter the chemical manufacturing sector. SSGCL, incorporated on November 14, 2025, is a wholly-owned subsidiary of Mundra Synergy Limited, which is fully owned by AEL. The new company has a subscribed capital of Rs. 5.00 lakh, comprising 50,000 equity shares with a face value of Rs. 10 each. This strategic move aims to diversify AEL's business portfolio and explore new growth opportunities in chemical manufacturing.
14Nov 25
Adani Group Unveils Massive Rs 1 Lakh Crore Investment Plan for Andhra Pradesh
Adani Enterprises has unveiled a Rs 1 lakh crore investment plan for Andhra Pradesh over the next decade, in addition to its existing Rs 40,000 crore investment. The plan covers sectors including ports, cement, data centres, energy, and advanced manufacturing. A key highlight is the $15-billion Vizag Tech Park vision, featuring a green-powered hyperscale data-centre ecosystem in collaboration with Google. The investment is expected to create substantial employment opportunities, building on the one lakh jobs already generated by existing operations.
14Nov 25
Adani Airport Holdings Expands Portfolio with 100% Stake Acquisition in AGH Port Aviation Services
Adani Airport Holdings Limited (AAHL), a subsidiary of Adani Enterprises, has signed a Share Purchase Agreement to acquire a 100% stake in AGH Port Aviation Services Private Limited from Indo Thai Airport Management Services Private Limited. The agreement was executed on November 12, 2025, and disclosed on November 13, 2025, in compliance with SEBI regulations. This acquisition marks a significant expansion of Adani's airport operations portfolio, potentially enhancing the group's capabilities in the aviation services sector.
11Nov 25
Adani Enterprises Unveils Rs 24,930 Crore Rights Issue, Priced at Rs 1,800 Per Share
Adani Enterprises Limited (AEL) has approved a rights issue to raise Rs 24,930 crore through partly paid-up equity shares. The issue price is set at Rs 1,800 per share, with an entitlement ratio of 3 rights equity shares for every 25 existing shares. The record date is November 17, 2025. The company plans to issue 13,85,01,687 new shares, potentially increasing its outstanding equity shares by 12% to 1,29,26,82,416. This move aims to strengthen AEL's capital structure and fund future growth initiatives.
11Nov 25
Adani Group Unveils India's Largest Battery Storage Project at Khavda
Adani Enterprises, through Adani Group, plans to construct India's largest Battery Energy Storage System (BESS) in Khavda, Gujarat. The project will have a capacity of 1,126 MW / 3,530 MWh and is expected to be commissioned by March 2026. It will feature over 700 BESS containers with advanced lithium-ion batteries and integrated energy management systems. The Adani Group aims to scale its energy storage capacity to 15 GWh by fiscal year 2027 and 50 GWh within five years. This project is expected to enhance grid reliability, alleviate peak load pressures, reduce transmission congestion, and support round-the-clock clean power supply.
11Nov 25
Adani Enterprises' Airport Subsidiary Divests 25% Stake in Food Services Company
Adani Airport Holdings Limited (AAHL), a wholly-owned subsidiary of Adani Enterprises Limited, has sold 25% of its stake in World Plate Collective Cuisines Limited (WPCCL) to AJ Holding Limited. The transaction, executed through a Share Purchase Agreement and Joint Venture Agreement, transforms WPCCL into a joint venture with AAHL retaining 75% ownership. The new board composition will consist of four directors, with AAHL nominating three and AJ Holding one. This move alters the ownership structure of WPCCL, which was previously fully owned by AAHL.
08Nov 25
Adani Group Chairman Foresees Multi-Faceted Benefits from Visakhapatnam Data Centre
Gautam Adani, Chairman of Adani Enterprises, expressed optimism about the potential benefits of an upcoming data centre in Visakhapatnam. In a column for the Times of India, Adani highlighted the project's potential to drive economic growth, enhance digital infrastructure, ensure data sovereignty, foster technological advancement, and boost India's global competitiveness in the IT sector. The data centre is expected to play a crucial role in supporting India's growing digital economy and e-governance initiatives.
07Nov 25
Adani Enterprises Unveils Massive Rs 25,000 Crore Rights Issue Amid Strategic Divestment
Adani Enterprises Limited (AEL) plans a Rs 25,000 crore rights issue in four equal tranches over 6-8 months, primarily to repay shareholder loans. The rights issue committee will meet on November 11 to finalize details. AEL is also divesting PT Adani Global (Indonesia) and its subsidiaries to ENERGICO FZCO for USD 125 Million, expected to complete by November 30. Additionally, AEL's subsidiary Kutch Copper signed an MoU with Australia's Caravel Minerals for potential investment and offtake opportunities.
07Nov 25
Adani Enterprises to Divest Indonesian Subsidiary for USD 125 Million
Adani Enterprises Limited (AEL) has signed an agreement to sell its entire stake in PT Adani Global (Indonesia) to ENERGICO FZCO, a Dubai-based company, for $125 million. The sale involves AEL's subsidiaries in Mauritius and Singapore and is expected to be completed by November 30, 2025. The divested entity contributed 0.83% to AEL's consolidated revenue and 1.11% to its net worth. This move is part of AEL's strategy to streamline its international operations. The buyer is not affiliated with the Adani Group, ensuring regulatory compliance.
06Nov 25
Adani Enterprises Subsidiary Inks MoU with Caravel Minerals for Australian Copper Project
Kutch Copper Ltd, a subsidiary of Adani Enterprises, has signed a non-binding MoU with Caravel Minerals for collaboration on the Caravel Copper Project in Western Australia. The agreement includes negotiating a life-of-mine offtake for up to 100% of Caravel's copper concentrate, with estimated annual production of 62,000 to 71,000 tonnes of payable copper in early years. The project, located 150 km northeast of Perth, has estimated reserves of 1.3 million tonnes of payable copper and a potential mine life exceeding 25 years. Kutch Copper aims to supply the concentrate to its $1.2 billion copper smelter in Gujarat, India. The partnership also grants Kutch Copper first rights for equity or project-level investments.
06Nov 25
Adani Enterprises Unveils INR 36,000 Crore Capex Plan for FY2026, Incorporates New Subsidiary
Adani Enterprises Limited (AEL) has announced a capital expenditure plan of INR 36,000 crores for FY2026, distributed across airports (INR 10,500 crores), roads (INR 6,000 crores), materials/petrochemicals (INR 9,000 crores), metals and mining (INR 3,000-3,500 crores), and Adani New Industry (INR 5,500 crores). The company expects to maintain a solar manufacturing run rate of 1.2 gigawatt per quarter. AEL has also incorporated a new wholly-owned subsidiary, Brahmani Barrage Water Limited (BBWL), with a subscribed capital of INR 1,00,000. BBWL will focus on constructing and maintaining the Brahmani Barrage in Rajasthan under the Hybrid Annuity Model.
06Nov 25
Adani Enterprises Establishes Subsidiary for Brahmani Barrage Water Project
Adani Enterprises Limited (AEL) has incorporated a new wholly-owned subsidiary, Brahmani Barrage Water Limited (BBWL), with a subscribed capital of Rs. 1,00,000. BBWL will construct, operate, and maintain the Brahmani Barrage across the Brahmani River near Shripura, Rajasthan, under the Hybrid Annuity Model. This move expands AEL's infrastructure portfolio into water resource management.
05Nov 25
Autodesk and Adani Group Forge Strategic Partnership for Digital Infrastructure Solutions
Adani Enterprises, through its subsidiary Adani Group, has entered a three-year strategic partnership with Autodesk to revolutionize infrastructure development. The collaboration involves implementing Autodesk Construction Cloud across Adani's global operations, aiming to create a digitally connected and sustainable infrastructure ecosystem. Key aspects include end-to-end design solutions, process standardization, BIM capability building, partner enablement, leadership workshops, and upskilling programs. The partnership is expected to unify teams, enhance project visibility, accelerate decision-making, and improve efficiency in delivering sustainable infrastructure.
05Nov 25
Adani Enterprises Expands into Water Infrastructure with New Subsidiary
Adani Enterprises Limited (AEL) has formed a new wholly-owned subsidiary, Brahmani Barrage Water Limited (BBWL), to enter the water infrastructure sector. BBWL, incorporated on November 5, 2025, with a subscribed capital of ₹1,00,000, will undertake the construction, operation, and maintenance of the Brahmani Barrage across the Brahmani River near Shripura, Rajasthan. The project will be executed under the Hybrid Annuity Model. This strategic move aligns with AEL's diversification efforts and focus on infrastructure development, particularly in water resource management.
04Nov 25
Adani Enterprises Reports Q2 Results, Approves ₹250 Billion Rights Issue
Adani Enterprises Limited (AEL) announced Q2 financial results with total income of ₹21,844.00 crore, down 6% year-over-year, and profit after tax of ₹3,199.00 crore, up 84% year-over-year. The company's airports business saw 39% income growth, while the new energy ecosystem reported a 3% increase. Strategic developments include a ₹250.00 billion rights issue approval, inauguration of Navi Mumbai International Airport, and new project awards in roads and water business.
04Nov 25
Adani Enterprises Reports Rs 7,688 Crore Consolidated EBITDA for H1 FY26, Board Approves Rs 25,000 Crore Rights Issue
Adani Enterprises reported robust financial results for H1 FY26 with consolidated revenue of Rs 44,281 crore and EBITDA of Rs 7,688 crore. The company's board approved a Rs 25,000 crore partly paid-up Rights Issue. Operational highlights include the inauguration of Navi Mumbai International Airport, increased EBITDA in AAHL Airports, and new project awards in Roads and Water business. Adani Connex partnered with Google for an AI Data Center campus in Visakhapatnam.
04Nov 25
Fitch Upgrades Adani Ports and Adani Energy Outlook; Israeli Foreign Minister Praises Adani's Investments
Fitch Ratings has revised the outlook for Adani Ports and Special Economic Zone Limited (APSEZ) and Adani Energy Solutions Limited (AESL) from 'Negative' to 'Stable', affirming 'BBB-' ratings on Adani Electricity Mumbai Limited's senior secured notes. The Adani Group has demonstrated access to diverse funding sources, securing over $24 billion in total funding. AESL secured $1.6 billion from domestic banks and rupee bond markets, and $200 million from foreign banks. SEBI ruled that the Adani Group did not violate regulatory disclosure norms. Adani Enterprises expects to generate EBITDA from three major assets starting Q4 FY26, including Navi Mumbai Airport, a copper plant, and the Ganga Expressway project.
04Nov 25
Adani Enterprises Expands Infrastructure Portfolio with New Subsidiaries
Adani Enterprises Limited (AEL) has incorporated two new subsidiaries: Munger Sultanganj Road Limited (MSRL) for a road project in Bihar, and Morsagar Bisalpur Water Limited (MBWL) for a water reservoir project in Rajasthan. MSRL, a wholly-owned subsidiary, will develop the Ganga Path connecting road. MBWL, 74% owned by AEL and 26% by Cemindia Projects Limited, will manage the Mor Sagar Artificial Reservoir project. Both projects will be executed under the Hybrid Annuity Model, indicating public-private partnerships.
01Nov 25
Adani Enterprises Restructures Copper Tubes Business in Strategic Move with MetTube
Adani Enterprises Limited (AEL) has completed a restructuring of its copper tubes business through transactions with MetTube Mauritius Private Limited. AEL divested a 50% stake in Kutch Copper Tubes Limited (KCTL) to MetTube Mauritius for Rs. 4.97 crore cash and 5.64 crore equity shares of MetTube Copper India Private Limited (MCIPL) at Rs. 10 per share. Simultaneously, AEL acquired a 50% stake in MCIPL. Both KCTL and MCIPL are now joint ventures of Adani Enterprises. The restructuring aims to create synergies between Adani and MetTube groups and potentially reduce India's dependence on copper tube imports. MCIPL reported a turnover of Rs. 1,079.00 crore and a net worth of Rs. 26.00 crore for FY 2024-25, while KCTL had a turnover of Rs. 0.59 crore and a net worth of Rs. (0.77) crore.
31Oct 25
Adani Enterprises Plans ₹25,000 Crore Rights Issue for Strategic Investments
Adani Enterprises Limited (AEL) has announced plans to raise ₹25,000 crore through a rights issue. The funds are intended to finance investments in airports and other capital-intensive ventures. The company's board will consider and potentially approve the fund-raising proposal in a meeting scheduled for November 4. This move signals AEL's commitment to expanding its footprint in the infrastructure sector, particularly in airports.
31Oct 25
Adani Enterprises Board to Consider Fund Raising Through Rights Issue
Adani Enterprises Limited's Board of Directors will meet on November 4, 2025, to consider fund raising proposals, including a potential rights issue. The company is exploring options such as issuing equity shares and other permissible securities. The fund-raising plan is subject to regulatory and statutory approvals. Adani Enterprises has also announced that the trading window for dealing in company securities will remain closed until 48 hours after the announcement of Q2 FY2026 unaudited financial results.
30Oct 25
Adani Airports Embraces AI: Partners with Aionos for Operational Enhancement
Adani Enterprises' subsidiary, Adani Airports, has partnered with AI specialist Aionos to integrate artificial intelligence technology into airport operations. This collaboration aims to enhance operational efficiency, improve security measures, optimize resource allocation, and provide personalized services to passengers. The partnership aligns with global trends in AI adoption within the aviation industry and could potentially set new standards for airport management in India.
29Oct 25
Adani Green Energy Shares Surge 14% as Adani Group Stocks Rally
Adani Green Energy Ltd (AGEL) spearheaded a significant rally among Adani Group stocks, closing with a 10.32% gain after reaching a 14% intraday high. The stock settled at Rs 1,107.00, showcasing a 6% increase over six sessions and a 7% monthly gain. Other Adani Group companies also saw substantial increases, with Adani Total Gas up 9%, Adani Energy rising 7%, and Adani Enterprises and Ports gaining 4% and 3% respectively. AGEL's trading volume surged to 6.2 times its 30-day average, and 6 out of 7 analysts maintain a 'buy' rating with an 11.7% upside potential over 12 months.
28Oct 25
Mark Mobius Equates Adani Investment to Investing in India, Predicts Sensex Surge
Veteran investor Mark Mobius expressed confidence in the Adani Group and India's market potential in a recent NDTV Profit interview. He views investing in Adani as equivalent to investing in India, dismissing recent controversies as 'overblown'. Mobius predicts the Sensex could reach 100,000 earlier than expected, citing strong domestic momentum. He remains bullish on gold and India's long-term prospects, highlighting consumer space, hardware, and electronics sectors as promising. Mobius expects Adani Group's recovery to continue following SEBI's clean chit in the Hindenburg case, praising SEBI for increasing transparency.
27Oct 25
Adani Ports Inks Rs 42,500 Crore Deal for Dighi Port Expansion in Maharashtra
Adani Ports and Special Economic Zone (APSEZ) has signed an MoU with the Maharashtra Government, pledging Rs 42,500 crore for the expansion of Dighi Port and related activities in the Konkan region. This agreement is part of a larger initiative during India Maritime Week, which saw 15 agreements totaling over Rs 56,000 crore. Other significant investments include JSW Group's Rs 3,709 crore for Jaigad port expansion, Chowgule Group's Rs 5,000 crore for shipbuilding, and Goa Shipyard's Rs 2,000 crore for ship building and repair. The MoU represents a substantial increase from Adani's initial Rs 10,000 crore commitment when they acquired the bankrupt Dighi Port project in 2021.
27Oct 25
Adani Group Secures ₹13,750 Crore Through Bond Issuances and Forms New Subsidiary for Kedarnath Ropeway
Adani Enterprises has raised ₹13,750 crore through 10 bond issuances over the past year, capturing over 10% of India's corporate bond market. The company issued long-term bonds with maturities up to 19 years, attracting major institutional investors like LIC, ICICI Prudential AMC, and SBI Mutual Fund. Adani Ports, Adani Transmission, and Adani Roads were primary issuers. The group's shift to domestic rupee bond markets follows rating upgrades for several Adani companies. Additionally, Adani Enterprises has formed a new subsidiary, Shri Kedarnath Ropeways Limited, for ropeway operations in the Kedarnath region.
26Oct 25
Thiruvananthapuram Airport Boosts Flight Operations by 22% in Winter Schedule 2025
Thiruvananthapuram International Airport's winter schedule for 2025-2026 shows a 22% increase in weekly flight operations compared to the summer schedule. Total weekly Air Traffic Movements (ATMs) rise to 732, with international flights increasing by 9% to 326 ATMs and domestic flights surging by 35% to 406 ATMs. New destinations include Navi Mumbai, Mangaluru, and Trichy. This growth aligns with the broader expansion trend in India's aviation sector, which sees a 6% year-over-year increase in national weekly flights.
24Oct 25
Adani Enterprises Expands into Ropeway Infrastructure with New Subsidiary
Adani Enterprises Limited (AEL) has incorporated a new wholly-owned subsidiary, Adani Ropeways Limited (ARL), on October 23, 2025. ARL, with a subscribed capital of Rs. 1,00,000, aims to develop and promote ropeway projects in India, offering investment support, financial assistance, technical expertise, and commercial assistance. This strategic move marks AEL's entry into the specialized ropeway infrastructure sector, aligning with India's focus on alternative transportation systems.
22Oct 25
Adani Enterprises Establishes New Subsidiary for Bihar Road Project
Adani Enterprises Limited (AEL) has incorporated a new wholly-owned subsidiary, Sultanganj Sabour Road Limited (SSRL), to construct the Ganga Path connecting Sultanganj-Bhagalpur-Sabour Road in Bihar. SSRL, registered in Ahmedabad with an initial capital of Rs. 1,00,000, will execute the project on a Hybrid Annuity Mode. The subsidiary's incorporation on October 21, 2025, aligns with AEL's strategy to expand its infrastructure sector presence.
17Oct 25
GQG Partners Boosts Stakes in Adani Companies Amid FII Reduction
GQG Partners increased holdings in four Adani Group companies during Q2 FY24, while FIIs reduced their stakes. Notable changes include GQG raising its stake in Ambuja Cements by 0.70%. LIC maintained strong positions, increasing its stake in ACC Ltd. SEBI's clean chit on Hindenburg allegations may have influenced investor sentiment. Investec initiated coverage on Adani Ports with a buy rating, projecting over ₹1 trillion operating cash flow for FY25-30.
14Oct 25
Adani Enterprises: Major Deals with Google and Sahara, EPFO Notice Over Property Acquisition
Adani Enterprises partners with Google to develop a $15 billion AI data centre campus in Visakhapatnam. The project aims to boost India's AI capabilities and create thousands of jobs. Separately, Adani's plan to acquire 88 Sahara properties faces scrutiny from EPFO, which has issued a notice seeking recovery of ₹1,567 crores in unpaid provident fund dues.
13Oct 25
Adani Enterprises Unit Teams Up with MTAR Tech for AMCA Development Contract Bid
Adani Enterprises' unit and MTAR Technologies have formed a strategic partnership to jointly bid for the Advanced Medium Combat Aircraft (AMCA) development contract. The collaboration aims to leverage Adani's infrastructure and project management capabilities with MTAR's advanced manufacturing and precision engineering expertise. The AMCA project, focused on developing a fifth-generation stealth fighter aircraft, is crucial for enhancing India's air defense capabilities. This partnership could enhance the competitiveness of their bid, lead to technological synergies, and potentially have significant economic impacts on India's defense manufacturing sector.
12Oct 25
Supreme Court Notices Adani Enterprises Over Customs Duty Dispute
The Supreme Court of India has issued notices to Adani Enterprises, its managing director Rajesh Adani, and others following a Customs Department petition. The case challenges a previous tribunal decision that had dismissed proceedings against the company. The Customs Department alleges that Adani Enterprises evaded duties of ₹497.77 million by improperly importing gold and silver bars duty-free between 2008 and 2010. The company allegedly used duty-free credit entitlement certificates for imports unrelated to their export products. The Supreme Court has scheduled the matter for disposal at the next hearing.
10Oct 25
Gautam Adani Urges India to Shape Its Global Narrative Through Cinema
Adani Enterprises Chairman Gautam Adani, speaking at Whistling Woods International, emphasized the importance of cinema and storytelling in shaping India's global narrative. He highlighted how narratives can impact a country's perception and economic stability, referencing the 2023 Hindenburg report as an example. Adani criticized the portrayal of Indian stories through Western perspectives and called for leveraging cinema as a strategic tool to project national identity. He also discussed the future impact of AI on the film industry, urging young creators to use technology to tell authentic Indian stories globally.
08Oct 25
Adani Enterprises Plans Multiple Fundraising Initiatives
Adani Enterprises' board has approved two significant fundraising initiatives. The company plans to raise up to ₹3,000 crores through Non-Convertible Debentures (NCDs) and between ₹18,000 to ₹25,000 crores via a rights issue. The NCDs may be issued through various modes including private placement and public issue, and could be listed on major stock exchanges. Both initiatives are subject to regulatory approvals and comply with SEBI Listing Regulations.
07Oct 25
Adani Defence Under Scrutiny for Suspected Import Tax Evasion on Missile Components
Adani Defence, a subsidiary of Adani Enterprises, is being investigated by Indian authorities for suspected evasion of import taxes related to missile components. The Adani Group claims to have addressed all concerns with the authorities and considers the matter resolved. This investigation comes amid increased scrutiny of the Adani Group's operations, highlighting regulatory focus on compliance in the defense sector.
06Oct 25
Adani Enterprises Raises ₹10,000 Crore Through Private Bond Placement
Adani Enterprises is raising up to ₹10,000 crore through a private placement of bonds, its first since 2023. The 2.5-year bonds offer an 8.70% semi-annual coupon rate and are rated AA- by ICRA. Large mutual funds are expected to be the primary buyers. This issuance comes with a lower coupon rate compared to the company's previous public bond issuances in 2023, potentially indicating improved market conditions or investor confidence. The move demonstrates Adani Enterprises' continued access to capital markets despite recent scrutiny and ongoing investigations into allegations made by Hindenburg Research.
05Oct 25
PM Modi to Inaugurate Navi Mumbai International Airport's First Phase on October 8
Prime Minister Narendra Modi will inaugurate the first phase of Navi Mumbai International Airport on October 8. The ₹19,647 crore project, developed by Navi Mumbai International Airport Ltd (NMIAL), is owned 74% by Adani Group and 26% by CIDCO. The airport's first phase can handle 20 million passengers and 0.80 million metric tonnes of cargo annually. Commercial operations are set to begin in December 2025. Major airlines like Air India Group, IndiGo, and Akasa Air plan to partially relocate operations to this new airport. Upon full development, the airport is expected to handle 90 million passengers annually across four terminals, with a total estimated cost of ₹1,00,000 crore.
01Oct 25
Gautam Adani Visits Navi Mumbai International Airport Staff Ahead of Inauguration
Adani Enterprises Chairperson Gautam Adani visited the Navi Mumbai International Airport, interacting with diverse staff including differently-abled colleagues, construction workers, and engineers. The airport is set for inauguration by Prime Minister Narendra Modi on October 8. It will operate as part of a twin-airport system, with an initial passenger capacity of 20 million annually, expanding to 90 million upon full completion. The airport has secured an Aerodrome Licence for public use from the DGCA.
01Oct 25
Adani Road Transport to Acquire Two Highway Companies in Strategic 100% Stake Deals
Adani Road Transport Limited (ARTL), a subsidiary of Adani Enterprises Limited, has signed agreements to acquire 100% stakes in Yashodhan Highways Private Limited and KN Highways Development Private Limited from DRN Infrastructure Private Limited. The acquisitions, executed on September 30, 2025, are subject to regulatory approvals and are not related party transactions. This move expands ARTL's presence in the highway development sector.
30Sept 25
Adani's Navi Mumbai Airport Secures DGCA License, Paving Way for Operations
Adani Enterprises' Navi Mumbai Airport project has obtained the aerodrome license from the Directorate General of Civil Aviation (DGCA), marking a significant step towards starting commercial operations. This regulatory approval indicates the airport's readiness and compliance with safety and operational standards. The new airport is expected to alleviate air traffic congestion in the Mumbai metropolitan area and represents a major expansion of aviation infrastructure in the region. This achievement strengthens Adani's position in India's airport sector and aviation infrastructure landscape.
26Sept 25
Delhi HC Halts Removal of Adani-Related Social Media Posts by Journalists
The Delhi High Court has ordered a status quo on the removal of social media posts about Adani Group, specifically those by journalist Ravish Kumar and Newslaundry. Justice Sachin Datta noted that Adani Enterprises agreed not to request further content removal as it existed on September 26 at 12 noon. The court clarified that already removed material should not be re-uploaded until the trial concludes. The government stated that their directions to remove posts were based on a civil court order. This decision comes in response to pleas filed by Newslaundry and Ravish Kumar challenging the Centre's direction to take down Adani-related reports and videos.
25Sept 25
Delhi Court Relieves Journalist Thakurta from Adani Defamation Restraining Order
A Delhi court has ruled that journalist Paranjoy Guha Thakurta is not required to remove alleged defamatory content against Adani Enterprises Limited (AEL) until further orders. This decision comes as part of an ongoing defamation case filed by AEL against multiple journalists and organizations. The court has directed that fresh orders be passed after hearing Thakurta and other defendants. This ruling follows a previous decision that set aside a similar order for four other journalists, citing the removal directive as too sweeping.
24Sept 25
Gautam Adani Addresses Shareholders on SEBI's Dismissal of Hindenburg Allegations; Mark Mobius Expresses Optimism
Gautam Adani addressed shareholders following SEBI's dismissal of Hindenburg Research allegations. Adani Group reported strong financial growth with portfolio EBITDA increasing 57% to ₹89,806 crore in FY25. The group completed major projects including India's first container transshipment port and added 6 GW of renewable energy capacity. Adani stocks gained nearly $20 billion in market value post-SEBI verdict. Global investor interest is returning, with Jefferies' Chris Wood purchasing Ambuja Cements shares and Morgan Stanley forecasting significant growth for Adani Power.
23Sept 25
Adani's Wealth Surges $13 Billion as Group Stocks Rebound After Regulatory Clearance
Adani Group stocks experienced volatility in early trading, initially facing profit-booking before showing signs of recovery. Gautam Adani's net worth increased by $13 billion over two sessions, reaching $95.7 billion after SEBI dismissed parts of a case against his conglomerate. Adani Power led the decline with a 5.3% drop, while other group companies saw initial declines of 1-5%. The recent rally was attributed to SEBI's clearance and positive analyst coverage. Trading volumes for Adani stocks significantly exceeded their 20-day averages, with Adani Total Gas and Adani Green Energy seeing notable increases.
22Sept 25
Delhi High Court to Hear Pleas Against Centre's Direction on Adani-Related Content Removal
The Delhi High Court will consider pleas from Newslaundry and journalist Ravish Kumar challenging the Centre's direction to remove reports about the Adani Group. This comes after a Delhi court set aside a previous order for content removal. Meanwhile, Adani Group stocks rallied following SEBI's exoneration of allegations made by Hindenburg Research. SEBI found no evidence of wrongdoing in related-party transactions or manipulative practices. Adani Group plans to reduce leverage over the next five years and maintain significant capital spending, including a $10 billion investment in US projects.
19Sept 25
SEBI Clears Adani Group of Related Party Transaction Violations; Newslaundry Challenges Government Directive
The Securities and Exchange Board of India (SEBI) has cleared the Adani Group of allegations regarding violations of related party transaction rules. The investigation focused on loan transactions between Adani Enterprises Ltd, Adani Power Ltd, and Adani Ports & Special Economic Zone Ltd through intermediary companies. SEBI concluded that these transactions did not qualify as related party transactions under the LODR Regulations during the 2018-19 to 2022-23 period. The regulator found no evidence of fund diversion or siphoning, noting all loans were repaid with interest before the investigation began.
19Sept 25
Adani Enterprises Faces Regulatory Scrutiny Amid Multiple SEBI Investigations
Adani Enterprises is currently under several ongoing investigations by the Securities and Exchange Board of India (SEBI). These probes have introduced significant regulatory risk and uncertainty for the company, potentially impacting its operations and investor confidence. The nature and scope of these investigations remain undisclosed, leading to increased market volatility and influencing investor sentiment. The resolution of these regulatory matters will be crucial in determining Adani Enterprises' future path and standing in the Indian corporate landscape.
18Sept 25
SEBI Clears Adani Group in Hindenburg Case as Delhi Court Quashes Gag Order
A Rohini Court in New Delhi has lifted a gag order that restricted journalists from publishing content about Adani Enterprises. The court ruled that journalists should have been given a chance to present their case before takedown orders were issued. Simultaneously, SEBI's final order cleared Adani Group companies of allegations related to the Hindenburg case, imposing no penalties. The original gag order was part of a defamation suit filed by Adani Enterprises, claiming negative coverage had damaged its reputation and business prospects.
18Sept 25
Adani Enterprises in Talks with Dubai's Emaar for Potential Joint Venture
Adani Enterprises is reportedly discussing potential joint venture opportunities with Dubai-based real estate giant Emaar for the Indian market. Emaar, known for projects like the Burj Khalifa, is exploring partnerships with various Indian business groups, with Adani emerging as a key potential collaborator. This move could combine Emaar's global real estate expertise with Adani's strong presence in India, potentially opening new avenues for Adani in the real estate sector.
17Sept 25
Journalists Appeal Delhi Court Order Restricting Adani Group Reporting
Five journalists, including Paranjoy Guha Thakurta, have appealed a Delhi district court order that restrained them from publishing reports about the Adani Group. The appeal challenges an ex-parte injunction granted by the Rohini court in favor of Adani Enterprises Ltd. The original order deemed the journalists' reports defamatory and unverified, directing content removal from three websites. Adani Enterprises argued that negative coverage had damaged their reputation and affected business operations. The district court has scheduled a hearing on the appeal for the next day. This case highlights the tension between corporate interests and press freedom in India.
15Sept 25
Adani Enterprises Secures Prestigious Kedarnath Ropeway Project
Adani Enterprises Limited (AEL) has been awarded a ₹4,081 crore project to construct a 12.9 km ropeway connecting Sonprayag to Kedarnath. The project, awarded by National Highways Logistics Management Ltd. (NHLML), will reduce pilgrimage travel time from 8-9 hours to 36 minutes. The ropeway will have a capacity of 1,800 passengers per hour in each direction. AEL will construct the project over 6 years and operate it for 29 years under a PPP model with revenue-sharing agreement. This project marks AEL's entry into the ropeway sector and aligns with the National Ropeways Development Programme.
15Sept 25
Adani Enterprises Secures ₹4,081 Crore Sonprayag-Kedarnath Ropeway Project
Adani Enterprises Limited has received approval for a 12.9 km ropeway project connecting Sonprayag to Kedarnath. The ₹4,081 crore project will reduce travel time from 8-9 hours to 36 minutes, with a capacity of 1,800 passengers per hour per direction. The project, to be completed in 6 years with a 29-year operation period, aims to transform the pilgrimage experience and boost regional development. It marks Adani's entry into the ropeway sector, expanding its infrastructure portfolio.
12Sept 25
Adani Road Transport to Acquire D P Jain TOT Toll Roads for Up to INR 1,342 Crores
Adani Enterprises Limited's subsidiary, Adani Road Transport Limited, has agreed to acquire a 100% stake in D P Jain TOT Toll Roads Private Limited for an enterprise value not exceeding ₹1,342 crores. The Share Purchase Agreement was signed on September 11, 2025, marking a significant expansion in Adani's road infrastructure portfolio. The deal is subject to regulatory approvals and is not a related party transaction.
12Sept 25
Adani Enterprises Eyes LCD Display Manufacturing in India
Adani Enterprises is reportedly in discussions with potential partners to establish an LCD display manufacturing facility in India. This move marks the company's entry into the technology hardware sector, diversifying its portfolio beyond its current interests in mining, airports, and other industries. The venture, if successful, could boost India's position in the global electronics supply chain and reduce the country's reliance on imports for crucial electronic components.
11Sept 25
Adani Group Pledges $7 Billion for Philanthropy and Implements Port Restrictions
The Adani Foundation announced a $7 billion philanthropy pledge at the AVPN Global Conference in Hong Kong. The foundation, which reaches 9.60 million people annually across 7,000 Indian villages, operates on five pillars: education, community health, nutrition, community infrastructure, and sustainable livelihoods and climate action. Priti Adani, the foundation's chairperson, outlined three key agendas for future efforts: co-building with partners, extending beneficiaries as multipliers of change, and uniting skills with values. Separately, the Adani Group has implemented a ban on vessels sanctioned by the EU, US, and UK from entering its ports.
05Sept 25
Adani Enterprises Addresses SEBI Investigation, Awaits Supreme Court Decision
Adani Enterprises issued a statement regarding SEBI's ongoing investigation into allegations by a foreign short-seller. SEBI has requested more time from the Supreme Court to complete its investigation. Adani emphasizes full cooperation with SEBI, confidence in compliance, and notes that no conclusions of wrongdoing have been made. The company urges against media speculation as the investigation continues.
28Aug 25
Adani Group Bolsters Leadership with Key Female Appointments
The Adani Group has appointed three women to crucial leadership positions across its business units. Srushti Adani will lead digital initiatives at Adani Digital Labs, Diva Adani will oversee non-aero business strategies at Adani Airport Holdings Ltd, and Namrata Adani will continue her involvement with Adani International School while also becoming a non-executive director at the Adani Group. This move aligns with the conglomerate's goal to have women directors constitute at least one-fifth of its board membership, demonstrating a commitment to diversity and inclusion in corporate leadership.
28Aug 25
Adani Portfolio Achieves Record Q1 Performance, EBITDA Surpasses Rs 90,000 Crore
Adani Enterprises achieved exceptional financial results in Q1, with TTM EBITDA surpassing Rs 90,000.00 crore for the first time. Quarterly EBITDA reached an all-time high of Rs 23,793.00 crore, up 3.32% year-on-year. Core infrastructure businesses contributed 87% of total EBITDA. Key performers included Adani Ports & SEZ (11% cargo volume growth), Ambuja Cements (20.6% sales volume increase), and Adani Green Energy (45% operational capacity expansion). The group's financial health improved with 87% of Run-rate EBITDA rated 'AA-' or above, a net debt to EBITDA ratio of 2.6x, and a cash balance of Rs 53,843.00 crore.
26Aug 25
CCI Greenlights Adani Group's Bid for Jaiprakash Associates Amid Insolvency Process
The Competition Commission of India (CCI) has approved Adani Enterprises' potential acquisition of up to 100% shareholding in Jaiprakash Associates Limited (JAL), contingent on Adani Group winning the ongoing insolvency proceedings. JAL, facing claims of Rs 57,185.00 crore from creditors, has entered the corporate insolvency resolution process. The company's valuable assets include real estate projects, commercial spaces, hotels, and cement plants. Other major companies like Dalmia Bharat, Vedanta Group, Jindal Power, and PNC Infratech have also sought or received CCI approval for their resolution plans. The Committee of Creditors is reviewing submitted plans, with a crucial voting process to determine the winning bid scheduled soon.
23Aug 25
Adani Enterprises Expands Chemical Footprint with New Subsidiary CG Syn-Gas & Chemicals
Adani Enterprises Limited (AEL) has incorporated a new step-down wholly owned subsidiary, CG Syn-Gas & Chemicals Limited (CSGCL), through its subsidiary Mundra Synenergy Limited (MSEL). CSGCL, incorporated on August 23, 2025, will focus on chemical manufacturing. The new entity has an initial subscribed capital of Rs. 5,00,000, with 50,000 equity shares at Rs. 10 each. CSGCL is yet to commence business operations and currently has no turnover. This move marks AEL's entry into the chemical manufacturing sector, potentially expanding its portfolio in this industry.
20Aug 25
Adani Units Secure $275 Million in Offshore Loans, Bolstering Financial Position
Adani Enterprises' subsidiaries have raised $275 million through foreign currency loans. Adani Airport Holdings secured a $150 million syndicated loan from global financial institutions, priced at 300 basis points over SOFR. Adani Ports & Special Economic Zone raised $125 million through a bilateral deal with Mitsubishi UFJ Financial Group, priced at 215 basis points over SOFR. Both loans have four-year maturity periods and will be used for dollar bond buybacks and capital expenditure. This is part of Adani Group's broader strategy, having signed over $10 billion in new credit facilities in the past six months.
18Aug 25
Adani Urges Tech Self-Reliance, Announces World's Largest Renewable Energy Park at IIT Kharagpur
Gautam Adani, Chairman of Adani Enterprises, addressed IIT Kharagpur's Platinum Jubilee session, urging India's engineers to lead a 'second freedom struggle' for technological independence. He highlighted India's current tech dependencies, including 90% chip imports and 85% oil imports. Adani announced the construction of the world's largest renewable energy park in Khavda, Gujarat, with a 30 GW capacity. He also launched the Adani-IIT Platinum Jubilee Change Makers Fellowship, focusing on renewable energy, logistics, and smart mobility projects. Adani outlined four principles for a 'greater Bharat': treating ideas as weapons, building for India first, fortifying technology and infrastructure foundations, and uniting academia, government, and industry.
15Aug 25
Adani Group Reaffirms Commitment to Atmanirbhar Bharat, Announces Major Infrastructure Investments
Adani Enterprises Chairman Gautam Adani pledged support for India's self-reliance vision through diverse infrastructure projects. The group plans to invest Rs 20,000 crore in airport infrastructure, with up to 70% allocated for Mumbai and Navi Mumbai airports. Adani Power is set to develop a 2,400 MW ultra-supercritical power plant in Bihar with an investment of up to $3 billion. These initiatives span sectors including bridges, ports, laboratories, and aviation, aligning with India's goal of enhancing domestic capabilities.
11Aug 25
Tata Advanced Systems and Adani Defence Set to Benefit from ₹30,000 Crore Defence Drone Deal
The Defence Acquisition Council has approved a ₹30,000 crore deal for 87 Medium Altitude Long Endurance (MALE) drones. Tata Advanced Systems and Adani Defence & Aerospace are set to share this order, boosting India's domestic UAV production. This move aligns with India's goal of enhancing indigenous defence manufacturing capabilities. Adani Defence & Aerospace is also expanding its aviation MRO operations by acquiring Indamer Technics.
09Aug 25
Adani Enterprises Appoints Shipping Veteran Bharat Sheth as Independent Director
Adani Enterprises Limited (AEL) has appointed Bharat Kanaiyalal Sheth as an Additional Director (Non-Executive, Independent) for a three-year term, effective August 9, 2025, subject to shareholder approval. Sheth, currently Deputy Chairman & Managing Director of The Great Eastern Shipping Company Limited, brings over four decades of shipping industry experience. This appointment coincides with the end of Hemant Nerurkar's second term as an Independent Director. Additionally, AEL has incorporated two step-down wholly-owned subsidiaries, OD Syn-Gas & Chemicals Limited and UP Syn-Gas & Chemicals Limited, each with a subscribed capital of Rs. 5.00 lakh, to operate in the chemical manufacturing sector.
09Aug 25
Adani Enterprises Expands Chemical Portfolio with Two New Subsidiaries
Adani Enterprises Limited has incorporated two new step-down wholly owned subsidiaries through Mundra Synenergy Limited: UP Syn-Gas & Chemicals Limited (USGCL) and OD Syn-Gas & Chemicals Limited (OSGCL). Both entities will focus on manufacturing chemicals and chemical products. Each subsidiary has a subscribed capital of Rs. 5.00 lakh, with 50,000 equity shares at a face value of Rs. 10.00 per share. Mundra Synenergy Limited holds 100% shareholding in both subsidiaries. The new entities have not yet commenced operations and report nil turnover.
07Aug 25
Adani Enterprises Expands into Chemical Sector with New Subsidiary
Adani Enterprises has established Nagpur Syn-Gas & Chemicals Limited (NSGCL), a step-down wholly-owned subsidiary focused on chemical production. NSGCL, incorporated on August 6, 2025, with a registered capital of Rs. 5,00,000, is owned by Mundra Synenergy Limited, a wholly-owned subsidiary of Adani Enterprises. This strategic move marks Adani's entry into the chemical sector, potentially opening new revenue streams and market opportunities.
07Aug 25
Adani Enterprises Expands Chemical Portfolio with New Subsidiary in Nagpur
Adani Enterprises Limited (AEL) has incorporated a new step-down wholly owned subsidiary, Nagpur Syn-Gas & Chemicals Limited (NSGCL), through its subsidiary Mundra Synenergy Limited. NSGCL, established on August 6, 2025, will focus on manufacturing chemicals and chemical products. The new entity has a subscribed capital of Rs. 5,00,000 divided into 50,000 equity shares of Rs. 10 each. NSGCL has not yet commenced business operations and has no turnover to date. This move aligns with AEL's diversification strategy and expansion into the chemical industry.
05Aug 25
Adani Enterprises Launches Cybersecurity Subsidiary with Rs 10 Lakh Initial Capital
Adani Enterprises has incorporated a new wholly owned subsidiary, Adani Cybersecurity Services Limited (ACSL), with an initial capital of Rs 10 lakh. ACSL will provide end-to-end cybersecurity solutions for Operational Technology, Information Technology, and Cloud environments. The subsidiary has been registered in Ahmedabad but has not yet commenced operations. This move marks Adani's entry into the cybersecurity sector, potentially opening new revenue streams for the conglomerate.
05Aug 25
S&P Upgrades Outlook on Adani Group Entities Amid Legal Challenges; Adani Enterprises Refutes Collaboration Rumors
S&P Global Ratings has upgraded its outlook on three Adani Group entities: Adani Electricity Mumbai (AEML) and Adani Green Energy Restricted Group 2 to 'Stable' from 'Negative', and Adani Ports and Special Economic Zone (APSEZ) to 'Positive' from 'Negative'. The upgrade reflects the group's sustained operational strength, continued access to funding, and minimal impact from ongoing investigations. The Adani Group has secured over $10 billion in fresh debt in the past six months. Separately, Adani Enterprises denied rumors of collaborations with Chinese companies for battery manufacturing.
04Aug 25
Adani Enterprises Denies Collaboration Plans with BYD
Adani Enterprises has officially denied any plans to collaborate with Chinese technology company BYD. The company issued a statement to address and dispel recent speculation about a potential partnership between the two companies. Adani Enterprises confirmed it has no plans to work with BYD, aiming to provide transparency to stakeholders and the public regarding its business strategies.
01Aug 25
Adani Enterprises Finalizes Merger of Adani Cementation with Ambuja Cements
Adani Enterprises Limited (AEL) has successfully completed the amalgamation of its wholly-owned subsidiary, Adani Cementation Limited, with Ambuja Cements Limited. The merger, effective from August 1, 2025, with an appointed date of April 1, 2024, was approved by the National Company Law Tribunal, Ahmedabad Bench. This strategic move results in the dissolution of Adani Cementation Limited without winding up, potentially streamlining operations within the Adani Group's cement business. The company confirmed that all conditions specified under the scheme have been fulfilled.
31Jul 25
Adani Enterprises Reports Mixed Q1 Results with Revenue Decline and EBITDA Growth in Incubating Businesses
Adani Enterprises Limited (AEL) reported a 14% decrease in total income to ₹22,436.62 crore for Q1 FY26. Consolidated profit after tax fell to ₹976.48 crore. However, EBITDA from incubating businesses grew 5% year-on-year to ₹2,800 crore, contributing 74% to Q1 results. Airports business EBITDA increased 61%. ANIL commissioned India's first off-grid 5 MW Green Hydrogen pilot plant. Mining Services signed two new MDO agreements. Ganga Expressway project is 85% complete. Net external debt stood at ₹52,667 crore with a debt-equity ratio of 1.52.
30Jul 25
Adani Group Unveils $4.8 Billion Investment Plan for Vietnam's Infrastructure
Adani Enterprises is set to invest $4.8 billion in Vietnam, expanding its international footprint. The investment includes $2 billion for Lien Chieu port development in Danang and $2.8 billion for the Vinh Tan 3 Thermal Power project in Binh Thuan. The company also expressed interest in aviation projects, including Long Thanh and Chu Lai airports. These plans were discussed during high-level meetings between Gautam Adani and Vietnam's top leadership, with the Vietnamese government showing strong support for the proposed investments.
24Jul 25
Adani Enterprises Forms Strategic Partnership with MetTube, Reshaping Copper Tube Industry
Adani Enterprises Limited (AEL) has partnered with MetTube Mauritius Private Limited to boost India's copper tube production. AEL is divesting 50% stake in Kutch Copper Tubes Limited to MetTube and acquiring 50% stake in MetTube Copper India Private Limited. This collaboration aims to reduce India's dependence on imported copper tubes, support green infrastructure goals, and cater to growing HVAC industry demands. The partnership leverages Adani's infrastructure and MetTube's global expertise, with both companies having equal ownership and governance rights in the joint ventures.
24Jul 25
Mutual Funds Boost Adani Holdings as Foreign Investors Retreat
Mutual funds have become net buyers in seven out of ten Adani Group stocks during the June quarter, while foreign institutional investors (FIIs) have reduced their holdings. Adani Energy Solutions saw the most significant increase in mutual fund holdings, up by 74 basis points to 3.19%. LIC increased its stakes in Adani's cement assets, ACC and Ambuja Cements. FIIs reduced holdings in eight out of ten Adani stocks, with Adani Energy Solutions experiencing the largest drop of 173 basis points. GQG Partners sold stakes in multiple Adani companies. The Adani Group reported a record profit after tax of ₹40,565.00 crore and plans to invest $15-20 billion over the next five years.
24Jul 25
Mutual Funds Boost Adani Holdings as Foreign Investors Retreat; Adani Ports Gains Analyst Attention
Mutual funds have become net buyers in seven out of ten Adani Group stocks during the June quarter, while foreign institutional investors (FIIs) have reduced their holdings. Adani Energy Solutions saw the most significant increase in mutual fund holdings, up by 74 basis points to 3.19%. LIC increased its stakes in Adani's cement assets, ACC and Ambuja Cements. FIIs reduced their stakes in eight out of ten Adani stocks, with Adani Energy Solutions experiencing the largest drop of 173 basis points. Despite mixed investor sentiment, Adani Enterprises reported a record profit after tax of ₹40,565.00 crore and plans to invest $15-20 billion over the next five years.
23Jul 25
Mumbai International Airport Soars to 9th Place in Global Rankings
Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai has secured the ninth position among the world's top 10 international airports in the Travel + Leisure World's Best Awards. This marks the third consecutive year CSMIA has been the only Indian airport on this list. CSMIA scored 84.23 points in a survey with nearly 180,000 readers casting over 650,000 votes. The airport handled 55.12 million passengers and is recognized as the world's busiest single-runway airport. CSMIA's success is attributed to technological advancements like biometric travel systems, electronic gates, and self-service kiosks. The airport is operated by Mumbai International Airport Limited, a joint venture between Adani Enterprises and the Airports Authority of India.
21Jul 25
Adani Group Unveils Massive Rs 96,000 Crore Investment Plan for Airport Business
Adani Enterprises has announced a Rs 96,000 crore investment plan for its airport operations over the next five years. The focus is on infrastructure upgrades and real estate development across its airport portfolio. Key projects include the Navi Mumbai International Airport (NMIA) with an initial Rs 19,000 crore investment and potential expansion to handle 90 million passengers annually. Mumbai airport will see a new Terminal 1 by 2032. Other airports in Ahmedabad, Jaipur, Thiruvananthapuram, Lucknow, and Guwahati are also slated for upgrades. Funding will come from internal accruals and debt refinancing, with collaborations planned with major airlines like IndiGo and Air India.
18Jul 25
Adani Group Exits AWL Agri Business, Sells Remaining 10.42% Stake for Rs 3,732 Crore
Adani Enterprises has sold its remaining 10.42% stake in AWL Agri Business for Rs 3,732 crore through open market transactions. The sale, executed by subsidiary Adani Commodities LLP, involved 13.54 crore equity shares at an average price of Rs 275.50 per share. Dubai-based Shajaeatan Investment FZCO was the largest buyer, acquiring an 8.52% stake. This marks Adani Group's complete exit from AWL Agri Business, having previously sold a 20% stake to Wilmar International Singapore and a 13.51% stake in January. The divestment signifies Adani Group's shift away from the FMCG business to focus on core infrastructure operations.
18Jul 25
Adani Enterprises: Complete Exit from Adani Wilmar in ₹15,729 Crore Deal
Adani Enterprises has completed its exit from AWL Agri Business Limited through transactions totaling ₹15,729 crores. The exit involves a two-phase stake sale: selling 11-20% to Wilmar International's subsidiary at ₹275 per share, and the remaining 10.42% to pre-identified investors. This move ends Adani Enterprises' association with AWL Agri Business and aligns with the group's focus on core infrastructure and energy sectors.
17Jul 25
Adani Enterprises to Divest Entire Stake in AWL to Wilmar for ₹10,874 Crore, Sells Initial 20% Stake
Adani Enterprises Limited (AEL) has signed an agreement to sell its entire stake in AWL Agri Business Limited to Wilmar International's subsidiary, Lence Pte. Ltd. The deal involves selling 11-20% of AWL's shares at ₹275 per share, valuing the transaction at up to ₹10,874 crore. Adani Group has already sold a 20% stake for ₹7,150 crore, making Wilmar the majority shareholder with 64% ownership. The total realization for Adani Commodities LLP is expected to be ₹15,729 crore, including previous sales. This move marks Adani's complete exit from AWL and the FMCG business.
11Jul 25
Adani Enterprises Secures Approval for Navi Mumbai Airport Passenger Charges
Adani Enterprises has received approval for passenger charges at the upcoming Navi Mumbai International Airport. The fee structure includes ₹840 for domestic departures, ₹360 for domestic arrivals, ₹1,500 for international departures, and ₹750 for international arrivals. This approval is a crucial step in the airport's development, providing a clear revenue model for its operations. The implementation of these charges will directly impact air travelers using the facility and is vital for the airport's financial planning and operational strategy.
10Jul 25
Adani Enterprises Announces ₹10 Billion Bond Sale Plan
Adani Enterprises plans to conclude a bond sale of up to ₹10 billion (approximately $121.00 million) by July 11. This strategic financial move could impact the company's capital structure, enhance liquidity, and influence market perception of its creditworthiness and financial stability.
10Jul 25
Adani Enterprises' NCD Issue Oversubscribed 3x on Day One
Adani Enterprises' ₹500-crore non-convertible debenture (NCD) issue was oversubscribed three times on its opening day. The issue has a green shoe option for an additional ₹500 crore, potentially allowing the company to raise up to ₹1,000 crore. The NCDs offer yields up to 9.30% with a maximum tenor of 60 months. At least 75% of the proceeds are designated for debt repayment. The strong investor response indicates confidence in Adani Enterprises and may stimulate further activity in India's corporate bond market.
09Jul 25
Adani Enterprises' Bond Issue Oversubscribed on Day One
Adani Enterprises' public bond issue to raise 10 billion rupees ($116.70 million) was oversubscribed on its first day, receiving bids worth 15 billion rupees. The bonds offer annual coupon rates between 8.95% and 9.30% for tenures of 2, 3, and 5 years. Due to high demand, the company has moved the closing date forward to Friday from the original July 22 date.
07Jul 25
Adani Enterprises Announces Rs 1,000 Crore NCD Issue with Attractive Yield
Adani Enterprises plans to issue non-convertible debentures (NCDs) to raise Rs 1,000 crore. The NCDs, offering up to 9.30% yield with a 60-month tenor, will be available from July 9 to July 22. Rated 'AA-' with a stable outlook by ICRA and CARE, the funds will be used for debt repayment (75%) and general corporate purposes (25%). This move aims to optimize the company's debt structure and fund corporate initiatives.
06Jul 25
Adani Enterprises Launches Rs 1,000 Crore NCD Issue with Attractive Interest Rates
Adani Enterprises is issuing Non-Convertible Debentures (NCDs) worth Rs 1,000 crore, with a base size of Rs 500 crore and a greenshoe option for an additional Rs 500 crore. The NCDs offer interest rates up to 9.30% and come in tenors of 24, 36, and 60 months. The issue opens on Wednesday and closes on July 22, with allotment on a first-come-first-served basis.
02Jul 25
Adani Enterprises Expands into MRO Sector with Air Works Acquisition
Adani Enterprises' subsidiary, Adani Defence Systems and Technologies Limited, has acquired an 85.1% stake in Air Works India for Rs 400.00 crore. Air Works, India's largest privately-owned MRO company, reported a revenue of Rs 356.00 crore in FY24. This acquisition marks Adani Group's entry into the aircraft maintenance, repair, and overhaul (MRO) sector, diversifying its portfolio and strengthening its presence in the growing Indian aviation industry.
01Jul 25
Adani Defence Secures Majority Stake in Air Works India for ₹400 Crore
Adani Defence, a subsidiary of Adani Enterprises, has acquired an 85.10% stake in Air Works India for ₹400.00 crore. This acquisition marks Adani Group's entry into the aviation services sector, potentially expanding its portfolio in the aerospace and defense industries. The move could lead to synergies between Adani Enterprises' existing businesses and Air Works India's expertise in aviation services.
01Jul 25
Adani Enterprises to Raise Up to ₹10 Billion Through Retail Bond Sale
Adani Enterprises plans to raise up to ₹10.00 billion ($116.77 million) through a retail bond sale from July 9th to July 22nd. The offering includes 2, 3, and 5-year bonds with annual coupons ranging from 8.95% to 9.30%, which are 30-60 basis points lower than their previous retail bond sale. This marks the company's second retail bond sale within a year.
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