Adani Defence & Aerospace To Acquire Air works India (Engineering) For ₹400 Crore

Adani Defence Systems & Technologies Ltd (ADSTL), a subsidiary of the Adani Group, has made a significant move in the aviation sector by signing a share purchase agreement to acquire an 85.8% stake in Air Works India (Engineering) Pvt. Ltd for an enterprise value of ₹400 crore. This acquisition, announced on December 23, 2024, positions Air Works as a key player under the Adani umbrella,
Adani Defence Systems & Technologies Ltd (ADSTL), a subsidiary of the Adani Group, has made a significant move in the aviation sector by signing a share purchase agreement to acquire an 85.8% stake in Air Works India (Engineering) Pvt. Ltd for an enterprise value of ₹400 crore. This acquisition, announced on December 23, 2024, positions Air Works as a key player under the Adani umbrella,
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