Air Works eyes wider foodprint, propels Adani group’s MRO ambitions
Air Works plans MRO expansion post Adani acquisition, aiming to strengthen capacity and compete in civil aviation market.
Adani Defence & Aerospace To Acquire Air Works India For INR 400 crore
Adani Defence Systems & Technologies Ltd. (ADSTL) has signed a share purchase agreement to acquire 85.8 per cent shareholding ...
Aviation Week5d
Adani Group Renews Plans To Acquire Air Works
Adani Defence Systems and Technologies has signed a binding share purchase agreement to acquire an 85.8% stake in Indian MRO Air Works for an enterprise value of 400 crore rupee (approximately $47 ...
Bar & Bench3d
Kochhar & Co advises Adani Defence on acquisition of Air Works for ₹400 crore
Kochhar & Co advised Adani Defence Systems & Technologies Limited (ADSTL) in its acquisition of 85.8% stake in Air Works, India’s largest private sector ...
Adani Group eyes large defence contracts through Air Works acquisition
The Adani Group has been keen on taking up defence maintenance and manufacturing contracts and the acquisition will help the company expand its presence in these markets.