Adani Enterprises Limited has informed stock exchanges about a memorandum of understanding signed with Brazilian aircraft manufacturer Embraer S.A. for developing regional transport aircraft capabilities in India. The disclosure was made following a material price movement in the company's shares on January 27, 2026.

Partnership Details

The MOU has been executed between Embraer S.A. and Adani Defence Systems and Technologies Limited, a wholly owned subsidiary of Adani Enterprises. The partnership aims to develop a regional transport ecosystem in the country, marking a significant step in India's aviation manufacturing sector.

Regulatory Disclosure

The company made the disclosure under Regulation 30(11) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, following the material price movement. The management clarified that while the price movement was purely market driven, it coincided with mainstream media reports about the Adani Group-Embraer partnership.

Next Steps

According to the filing, both companies will work together to finalize cooperation details before entering into definitive agreements. The company has stated that at this stage, there is no material event or information that mandates disclosure under Regulation 30 of SEBI regulations.

Company Communication

The disclosure was signed by Jatin Jalundhwala, Company Secretary & Joint President (Legal), and filed with both BSE Limited and National Stock Exchange of India Limited on January 28, 2026. The company has committed to making appropriate disclosures in compliance with applicable laws as and when required.

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.