India’s Adani Group plans to raise approximately 900 billion rupees ($10.06 billion) in debt during the next financial year through a mix of bank loans, bonds, and overseas borrowings, according to CFO Jugeshinder Singh.
Key Details:
- The conglomerate has already mobilized 800 billion rupees in fiscal 2026 and targets an additional 440 billion rupees over the next four months.
- About 55% of the new borrowings will come from the domestic market, with the remainder raised internationally.
- Funds will support a planned capital expenditure of around 1.5 trillion rupees in FY 2026.
Recent Fundraising Activity:
- Adani Enterprises will launch its second public bond issue of the year, targeting 10 billion rupees next quarter.
- Earlier in FY 2026, the company raised 10 billion rupees via a public bond sale and another 10 billion rupees through a private placement.
- A rights issue earlier this month raised around 250 billion rupees.
This aggressive fundraising strategy reflects Adani Group’s continued focus on expansion across its diverse business verticals, including airports, power, and infrastructure.