Adani Defence acquires 85.8% stake in Air Works

Adani Group to acquire Air Works for enterprise value of Rs 400 crore
The acquisition enhances Adani's capabilities in the defence MRO sector, solidifying its position in India's airborne defence ecosystem.
Adani Group Expands Aviation Reach with Rs 400 Cr Acquisition of Air Works Group
The Adani Group announced its acquisition of Air Works, India’s largest private aviation MRO services firm, for Rs 400 crore.
Adani Group acquires Air Works to boost defence business
The acquisition, with an enterprise value of ₹400 crore, will enable Adani Group to offer a range of of aviation services spanning line maintenance, heavy checks, interior refurbishment, painting, redelivery checks,
Adani Group eyes large defence contracts through Air Works acquisition
The Adani Group has been keen on taking up defence maintenance and manufacturing contracts and the acquisition will help the company expand its presence in these markets.
Adani Group expands aviation reach with ₹400 crore acquisition of Air Works Group
The Adani Group announced on Monday its acquisition of Air Works, India’s largest private aviation maintenance, repair, and overhaul (MRO) services firm, for an enterprise value of ₹400 crore. The deal,
Adani Group to acquire Air Works for enterprise value of Rs 400 Cr
With operations spanning 35 cities and a workforce of over 1,300 personnel, Air Works brings extensive expertise in servicing both fixed-wing and rotary-wing aircraft.
Adani group to acquire 85.8 per cent stake in Air Works for enterprise value of Rs 400 crore
The acquisition also reinforces Adani Group's commitment to the Make in India initiative, focusing on building indigenous capabilities in high-value sectors like aerospace and defence.
Adani Group to acquire Air Works for enterprise value of ₹400 crore
Adani Group acquires Air Works, India's largest MRO company, expanding its aviation services with a ₹400 crore deal.
Adani Group to acquire aviation maintenance firm Air Works for enterprise value of Rs 400 crore
With operations spanning 35 cities and a workforce of over 1,300 personnel, Air Works brings extensive expertise in servicing both fixed-wing and rotary-wing aircraft
Adani Defence & Aerospace To Acquire Air Works India For INR 400 crore
Adani Defence Systems & Technologies Ltd. (ADSTL) has signed a share purchase agreement to acquire 85.8 per cent shareholding in Air Works for INR 400 crore. "The Indian aviation industry stands at a transformative juncture,
Adani Defence to acquire MRO firm Air Works for ₹400 cr
Air Works has built significant capabilities in defence MRO, executing projects for key platforms of Indian Navy and Indian Air Force, says Adani
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