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) and Flight Simulation Solutions Private Limited (FSS). Agreements have been signed on November 27, 2025. The deal is valued at an Enterprise Value of INR 820 Cr.
Strategic Acquisition in Flight Simulation
Adani Defence Systems and Technologies Limited (ADSTL) and Horizon Aero Solutions Limited (HASL), both subsidiaries of Adani Enterprises, have entered into agreements to acquire a significant stake in the flight simulation sector. The agreements, signed on November 27, 2025, mark a strategic move to expand Adani Enterprises’ presence in aerospace and defence.
Details of the Transaction
The acquisition involves obtaining a 72.8% stake in Flight Simulation Technique Centre Private Limited (FSTC) and Flight Simulation Solutions Private Limited (FSS). HASL is a subsidiary of ADSTL, with 50% held by ADSTL and the remaining 50% by Prime Aero Services LLP. The deal is based on an Enterprise Value of INR 820 Cr.
Parties Involved
The key parties involved in this acquisition are:
- Adani Defence Systems and Technologies Limited (ADSTL): A wholly-owned subsidiary of Adani Enterprises.
- Horizon Aero Solutions Limited (HASL): A subsidiary of ADSTL.
- Flight Simulation Solutions Private Limited (FSS)
- Flight Simulation Technique Centre Private Limited (FSTC): Subsidiary of FSS.
Source: BSE
