Adani Enterprises Acquires 100% Stake in SKYIWAVE for INR 3 Crore

Adani Enterprises Ltd has announced that its wholly-owned subsidiary, Adani Airport Holdings Limited (AAHL), has acquired 100% equity shares in SKYIWAVE Private Limited. The acquisition was completed on March 30, 2026, for a cash consideration of INR 3 crore. SKYIWAVE, incorporated in India in 2016, operates and maintains Out of Home (OOH) advertising, hoardings, and innovative media solutions. The target company has reported a turnover of Rs. 16.51 lakhs in FY 2024-25.