Adani Group plans IPO for airport unit by FY28

Adani Group plans to launch an initial public offering (IPO) for its airport unit by the financial year ending March 2028, Group CFO Jugeshinder Singh said. Adani Airport Holdings currently manages seven airports in Mangaluru, Lucknow, Ahmedabad, Guwahati, Jaipur, Thiruvananthapuram and Mumbai. It will also run the under-construction Navi Mumbai International Airport.