Adani Group companies demonstrated robust market performance on Thursday's trading session, with multiple stocks posting significant gains led by Adani Total Gas' impressive rally.

Market Performance Highlights

The trading session showcased strong investor confidence across the Adani portfolio, with several companies delivering notable returns:

Flagship and Infrastructure Stocks

Adani Enterprises , the group's flagship company, posted gains of approximately 1%, reflecting steady buying interest from investors to start the trading session. The infrastructure and ports segment also contributed to the positive momentum, with Adani Ports and Special Economic Zone advancing about 0.70%.

Broader Portfolio Performance

The rally extended to other group companies, demonstrating widespread investor confidence:

• Sanghi Industries: Advanced more than 0.50%
• Ambuja Cements: Posted similar positive gains
• Overall sentiment: Strong buying interest across the conglomerate

Recent Corporate Developments

This market performance follows the group's successful FY25 results, where most companies registered stellar annual growth. The period concluded with a significant milestone - the inauguration of Navi Mumbai Airport, developed by Adani Airports, marking another achievement in the group's infrastructure portfolio.

Market Context

The Thursday trading session represented a strong start for the Adani Group, with the broad-based rally indicating renewed investor confidence across various business segments including energy, infrastructure, ports, and media operations through NDTV.

Disclaimer: NDTV is a subsidiary of AMG Media Networks Limited, an Adani Group Company.

Adani Enterprises Limited has successfully completed the acquisition of a 39% effective shareholding in Flight Simulation Technique Centre Pvt. Limited (FSTC) on December 30, 2025. The acquisition was executed through the company's subsidiaries as part of its strategic expansion into the aviation services sector.

Acquisition Structure and Timeline

The acquisition was completed through Adani Defence Systems and Technologies Limited (ADSTL), a wholly owned subsidiary of Adani Enterprises, and Horizon Aero Solutions Limited (HASL), which is a subsidiary of ADSTL with 50% shareholding held by ADSTL and 50% by Prime Aero Services LLP. The transaction details are outlined below:

Target Company Profile

Flight Simulation Technique Centre Pvt. Limited, established in 2011, operates as a Directorate General of Civil Aviation (DGCA) and European Union Aviation Safety Agency (EASA) approved pilot training organization. The company provides integrated flight training services to pilots with comprehensive infrastructure and equipment.

FSTC's Operational Capabilities

• Training Infrastructure: 11 flight simulators
• Aircraft Fleet: 17 training aircraft
• Services: Comprehensive pilot training programs
• Regulatory Approvals: DGCA and EASA certified

Financial Performance

FSTC has demonstrated consistent revenue growth over the past three years, reflecting strong demand for aviation training services:

The company's revenue growth trajectory shows an increase from ₹165.00 crores in FY 2022-23 to ₹195.00 crores in FY 2024-25, representing steady business expansion.

Strategic Impact

The acquisition aligns with Adani Enterprises' strategy to expand ADSTL's and HASL's footprint in the aviation services industry. The transaction is structured as an arm's length deal and does not fall within related party transactions. No governmental or regulatory approvals were required for this acquisition.

Regulatory Compliance

The acquisition details have been disclosed in compliance with Regulation 30 of SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company received information about the completion on December 30, 2025, at 10:17 PM and filed the regulatory disclosure on December 31, 2025.