Adani Defence Systems & Technologies Limited, a wholly-owned subsidiary of Adani Enterprises , has signed a Share Purchase Agreement to acquire the remaining 44.6% stake in Flight Simulation Solutions Private Limited. The transaction, valued at an enterprise value of ₹820 crore, will increase the subsidiary's holding from 55.40% to 100%, making Flight Simulation Solutions a wholly-owned entity. This strategic move is aimed at expanding Adani's footprint in the aviation services industry, specifically in the aerospace and flight training sector.

Transaction Overview

The acquisition involves a cash consideration and is expected to be completed within two months. Upon closing, the deal will also result in Adani Defence Systems & Technologies increasing its effective stake in Flight Simulation Technique Centre Private Limited, a subsidiary of Flight Simulation Solutions, from 72.80% to 100%. The target entity operates as a Directorate General of Civil Aviation (DGCA) and European Union Aviation Safety Agency (EASA) approved pilot training organization.

Financial Performance

Flight Simulation Solutions, along with its subsidiaries, is engaged in providing integrated flight training services to airline pilots. The company has demonstrated consistent revenue performance over the past three years.

The acquisition is not a related party transaction and does not require any specific governmental or regulatory approvals. The information regarding the transaction was received by Adani Enterprises on July 16, 2026.

Adani Enterprises Limited will hold an investor and analyst call on July 29, 2026, at 5:00 PM IST to discuss its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors will meet the same day to consider and approve the results for the period. The trading window for dealing in the company's securities remains closed from July 1, 2026, until the expiry of 48 hours after the results are declared, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

The investor call will feature key management personnel, including Mr Robbie Singh, Chief Financial Officer, and Mr Vinay Prakash, Director and Chief Executive Officer of Natural Resources. Other executives participating include Mr Arun Bansal, Chief Executive Officer of Adani Airport Holdings, and Mr Muralee Krishnan, Chief Executive Officer of Adani New Industries (Solar Manufacturing). Additional attendees include Mr Rajesh Poddar, Chief Financial Officer of Adani Airport Holdings, Mr Manan Vakharia, Head of Finance, and Mr Jitendra Khyalia, Investor Relations.

Participants can pre-register for the event to avoid wait times. Domestic dial-in numbers include +91 22 6280 1325 and +91 22 7115 8226. International toll-free access is available for various regions, including the USA, UK, Australia, and Singapore.

Key Participants

The intimation regarding the Board meeting and the investor call has been disseminated to BSE Limited and the National Stock Exchange of India Limited.