Alphawave acquires stake in Adani Airport for ₹98.58 billion

Alphawave India Private Limited has secured a stake in Adani Airport Holdings Limited for approximately ₹98.58 billion (USD 1.037 billion). The acquisition is expected to enhance Alphawave's strategic position in the airport infrastructure sector. This significant investment may positively impact market sentiment towards both companies involved.

• Advisory by AZB & Partners

• Led by Partners Vaidhyanathan Iyer and Vasudha Asher

• Implications for infrastructure investments

Not investment advice. For informational purposes only.