Corporate News 19-Oct-22
Adani Defence Systems and Technologies to acquire 69.41% stake in Air Works India
Adani Defence Systems and Technologies (ADSTL) – a wholly owned subsidiary of Adani Enterprises has signed definitive agreement on 18 October 2022 to acquire 69.41% stake in Air Works India (Engineering) (AWIEPL). The cost of acquisition would be at enterprise value of Rs 400 crore.
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