Adani Enterprises Acquires 39% Stake in Flight Simulation Technique Centre for INR 820 Crore

Adani Enterprises Ltd, through its subsidiary Adani Defence Systems and Technologies Limited (ADSTL), has completed the acquisition of a 39% effective shareholding in Flight Simulation Technique Centre Pvt. Ltd. (FSTC). FSTC, a subsidiary of Flight Simulation Solutions Private Limited (FSS), is an EASA and DGCA approved pilot training organization established in 2011. It has a fleet of 17 training aircraft and 11 flight simulators, providing comprehensive training services. The audited turnover of FSTC for FY 2024-25 was INR 195 Crore. The acquisition aims to expand ADSTL’s and HASL’s footprint in the Aviation Services industry. The enterprise value of the acquisition is INR 820 Crore.