The Adani Group announced on Monday its plan to acquire aviation maintenance, repair, and overhaul (MRO) firm Air Works for an enterprise value of Rs 400 crore, media reports said.

Adani Defence & Aerospace announced on Monday that it has signed a binding agreement to acquire Air Works, India’s largest private-sector maintenance, repair, and overhaul (MRO) company, for an enterprise value of Rs 400 crore.

The Adani Group has reaffirmed its commitment to Bihar's development and announced investments in various sectors including infrastructure, smart metering and cement in addition to its investment in gas distribution,

Adani Defence Systems & Technologies Ltd. (ADSTL) has signed a share purchase agreement to acquire 85.8 per cent shareholding in Air Works for INR 400 crore. "The Indian aviation industry stands at a transformative juncture,

The Ahmedabad-based Adani Group has taken a step to expand its footprint in the aviation and defence sectors. Its defence arm, Adani Defence and Aerospace, announced on Monday the acquisition of an 85.

Adani Defence Systems and Technologies Limited (ADSTL), a wholly owned subsidiary of Adani Enterprises has acquired a majority stake in Air Works, one of the largest aircraft maintenance companies in India.

Adani Defence Systems and Technologies Ltd. has acquired an 85.8% stake in Air Works India for Rs 400 crore. This acquisition expands Adani's presence

A market leader in civil aviation, Air Works has built significant capabilities in defence MRO, executing key projects for the Indian Navy and Indian Air Force Read more news like this on HindustanTimes.