Adani Enterprises Acquires SKYIWAVE via AAHL

Adani Airport Holdings Limited (AAHL), a wholly owned subsidiary of Adani Enterprises, acquired 100% equity of SKYIWAVE Private Limited on March 30, 2026.
SKYIWAVE, an OOH advertising and media solutions firm, was acquired for a cash consideration of INR 3 crore with no regulatory approvals required.
SKYIWAVE reported modest turnover of Rs. 17.64 lakh (FY23), Rs. 15.00 lakh (FY24), and Rs. 16.51 lakh (FY25), becoming a step-down subsidiary of Adani Enterprises.