Adani Enterprises' Subsidiary to Acquire 72.8% Stake in FSTC
Adani Enterprises' subsidiaries, ADSTL and HASL, will acquire a 72.8% stake in Flight Simulation Technique Centre Private Limited (FSTC) for an enterprise value of ₹820 crore.
The acquisition is of moderate financial significance and is expected to have a medium impact on the company's operations.
The acquisition is likely to expand Adani Enterprises' presence in the defense sector, which is perceived positively.
* Adani Defence Systems and Technologies Limited (ADSTL) and Horizon Aero Solutions Limited (HASL) have signed share purchase agreements on November 27, 2025, to acquire a 72.8% stake in Flight Simulation Technique Centre Private Limited (FSTC). * The acquisition will be made from Flight Simulation Solutions Pvt. Limited (FSS), a subsidiary of FSTC, and their existing shareholders. * The cost of acquisition is based on an Enterprise Value of ₹820 crore.
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Adani Enterprises Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Adani Enterprises Limited. Read the original for the full detail.