Adani Enterprises Limited has successfully completed its strategic acquisition in the flight simulation sector, securing a 72.8% stake in Flight Simulation Technique Centre Private Limited (FSTC). The company informed stock exchanges BSE and NSE about this development on January 23, 2026, following the completion of the transaction.

Acquisition Structure and Execution

The acquisition was executed through a structured subsidiary approach involving multiple entities within the Adani group. The transaction details are outlined below:

ADSTL operates as a wholly owned subsidiary of Adani Enterprises Limited, while HASL functions as a joint venture with a 50% stake held by ADSTL and the remaining 50% owned by Prime Aero Services LLP.

Regulatory Compliance and Documentation

The company has maintained full compliance with regulatory requirements throughout the acquisition process. Adani Enterprises had previously disclosed the necessary details under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in conjunction with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Strategic Context

This acquisition represents part of Adani Enterprises' broader expansion into the defence and aerospace sector through its subsidiary ADSTL. The transaction follows earlier intimations regarding Share Purchase Agreements for acquisitions in flight simulation companies, including both Flight Simulation Technique Centre Private Limited and Flight Simulation Solutions Private Limited.

The completion of this acquisition strengthens Adani Enterprises' position in the specialized flight simulation technology sector, with FSTC now becoming a subsidiary with the group holding a controlling 72.8% stake. Company Secretary and Joint President (Legal) Jatin Jalundhwala signed the official communication to the stock exchanges, confirming the transaction's completion and requesting the exchanges to update their records accordingly.

Adani Enterprises shares experienced a significant decline on Friday, hitting the lower circuit limit with a 10% drop to ₹1,877.80. The stock, which is a constituent of the Nifty 50 index, faced substantial selling pressure during the trading session.

Strong Financial Performance Despite Market Decline

Despite the sharp decline in share price, Adani Enterprises has demonstrated notable financial performance over recent periods. The company's consolidated revenue and profitability metrics show substantial growth across multiple timeframes.

The company's net profit showed remarkable growth, more than doubling from ₹3,293.40 crore in FY24 to ₹7,510.22 crore in FY25. This translated to a basic earnings per share of ₹60.55 for FY25.

Quarterly Performance Trends

The quarterly performance data reveals the company's operational dynamics across recent quarters. For the quarter ending September 2025, consolidated revenue stood at ₹21,248.51 crore with net profit of ₹3,396.56 crore.

Key Financial Ratios and Metrics

The company's financial ratios for the year ending March 2025 provide insight into its valuation and financial structure:

Recent Corporate Actions and Announcements

Adani Enterprises has undertaken several corporate actions recently. The company announced rights issues on November 4, 2025, with an existing ratio of 25 and an offered ratio of 3. The face value was ₹1 with a premium of ₹1,799, and both ex-rights date and record date were November 17, 2025.

The company has also distributed dividends consistently, with the latest dividend of ₹1.30 per share announced on May 2, 2025. Additionally, on January 22, 2026, Adani Enterprises announced that AMG Media Networks Limited, a wholly-owned subsidiary, would sign a Share Purchase Agreement with IANS India Private Limited.

Upcoming Financial Results

A board meeting is scheduled for February 3, 2026, to approve the unaudited financial results for the quarter and nine months ended December 31, 2025. This will provide further insight into the company's operational performance and financial trajectory.

With the stock's last traded price at ₹1,877.80, Adani Enterprises has seen a sharp decline of 10% during Friday's trading session, highlighting the volatility in the stock despite strong underlying financial performance.