SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Adani Enterprises’ arm acquires 100% stake in SKYIWAVE

31 Mar 2026 Evaluate

Adani Enterprises’ wholly owned subsidiary -- Adani Airport Holdings (AAHL) has executed a share purchase agreement (SPA) with SKYIWAVE and its existing shareholders for acquisition of 100% equity shares in SKYWAVE on March 30, 2026.

On the same day, AAHL has completed the acquisition process and taken over the operational control of SKYIWAVE. The cost of the said acquisition is Rs 3 crore. The object of acquisition is to operate and maintain OOH advertising, hoardings, and innovative media solutions. Consequently, SKYIWAVE has become a wholly owned subsidiary of AAHL and a step-down subsidiary of the company effective March 30, 2026.

Adani Enterprises (AEL), the flagship company of the Adani Group, is one of India’s largest business organisations. The company has enhanced value for stakeholders by building prominent infrastructure assets and widening its presence across a range of sectors directed towards responsible nation-building.

Adani Enterprises Share Price

2246.75 18.75 (0.84%)
21-Apr-2026 10:03 View Price Chart
Peers
Company Name CMP
Redington 228.90
Adani Enterprises 2246.75
Amrapali Industries 17.90
Rashi Peripheral 478.75
PDS 295.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×