Adani's defence arm to buy air works at Rs 400 crore valuation
- Posted on December 23, 2024
- By Business News Today
- 3 Views
Adani's defence arm to buy air works at Rs 400 crore valuation
Adani Defence Systems & Technologies Ltd is acquiring an 85.8% stake in Air Works India for ₹400 crore, enhancing its presence in aviation. The acquisition aims to expand capabilities in civil and defence MRO services. Air Works provides various aviation services and operates maintenance facilities across India.
