Adani Defence Systems & Technologies Ltd (ADSTL), a wholly owned subsidiary of Adani Enterprises Ltd, has signed a share purchase agreement to acquire the remaining 44.6% stake in Flight Simulation Solutions Pvt Ltd (FSSPL).
The transaction will make FSSPL a wholly owned subsidiary of ADSTL, consolidating the group’s control over its flight training operations.
8% to 100%. The move signals a strategic push by the Adani group to vertically integrate its defence and aviation training capabilities, removing minority interests from a key operational unit.
As part of the deal, ADSTL’s effective stake in FSTC, a subsidiary of FSSPL, will increase from 72.8% to 100%.
The move signals a strategic push by the Adani group to vertically integrate its defence and aviation training capabilities, removing minority interests from a key operational unit.
The acquisition follows a period of active restructuring and investment across the Adani conglomerate.
Recently, Helios Capital Management acquired approximately 770,000 shares of Adani Enterprises during the second quarter, highlighting sustained institutional interest in the group’s broader portfolio.