MUMBAI: India’s Adani Group plans to raise 900 billion rupees ($10.06 billion) in debt in the next financial year through a mix of bank loans, bonds and overseas borrowings, a senior company executive said on Friday.
The airports-to-power conglomerate has already mobilised about 800 billion rupees so far in fiscal 2026 and is targeting another 440 billion rupees in the next four months, chief financial officer Jugeshinder Singh told reporters on the sidelines of an event.
About 55% of the planned borrowing will come from the domestic market, with the balance raised from international lenders and capital markets, Singh said.
The funding will support a planned capital expenditure of about 1.5 trillion rupees in the coming financial year, he added.
Separately, its flagship unit Adani Enterprises intends to tap the bond market for 10 billion rupees via its second public issue of the year, expected to be launched next quarter.
In July, it raised 10 billion rupees through a public bond sale comprising two-, three- and five-year tranches, followed by another 10 billion rupees last month via a private placement of a two-year note and a six-month note.
Earlier this month, Adani Enterprises also raised around 250 billion rupees through a rights issue.
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