Adani Defence Systems and Technologies Limited (ADSTL) and Horizon Aero Solutions Limited (HASL), subsidiaries of Adani Enterprises, will acquire a 72.8% stake in Flight Simulation Technique Centre Private Limited (FSTC) for an enterprise value of INR 820 Cr. The acquisition aims to bolster Adani Defence’s integrated aviation services, from MRO to full-stack pilot training. This positions Adani to support the growing demand for pilots in both civil and defence sectors.
Strategic Acquisition in Flight Training
Adani Defence Systems and Technologies Limited (ADSTL) and Horizon Aero Solutions Limited (HASL), both subsidiaries of Adani Enterprises, have entered into definitive agreements to acquire a majority stake in Flight Simulation Technique Centre Private Limited (FSTC). The agreement was signed on November 27, 2025.
Deal Terms and Stake Details
The subsidiaries will collectively acquire a 72.8% stake in FSTC. The enterprise value of this acquisition is INR 820 Cr. This move signifies Adani’s strategic expansion into the aviation training sector.
Rationale and Strategic Alignment
This acquisition is part of Adani’s broader vision to establish an integrated aviation services ecosystem. It spans from Maintenance, Repair, and Overhaul (MRO) services to advanced pilot training programs. The company anticipates strong synergies between its existing aviation businesses and FSTC, enhancing its service offerings to both civil and defence sectors. The completion of this deal is expected to significantly enhance Adani’s presence in the aviation industry.
FSTC’s Capabilities
FSTC operates 11 full-flight simulators and 17 training aircraft. They offer a comprehensive range of pilot training programs, from commercial licenses to specialized skill courses. They have simulation centers in Gurugram and Hyderabad and also operate flying schools in Bhiwani and Narnaul in Haryana.
Source: BSE
