What was filed
Adani Enterprises told the exchanges that its wholly-owned subsidiary, Adani Defence Systems & Technologies Limited (ADSTL), has signed a Share Purchase Agreement to buy the remaining stake in Flight Simulation Solutions Private Limited (FSSPL) from its existing shareholders. ADSTL already holds a majority interest; on completion, FSSPL becomes a wholly-owned subsidiary, and ADSTL's effective holding in FSSPL's own subsidiary, Flight Simulation Technique Centre Private Limited (FSTC), also rises to full ownership. The company said it received information of the transaction on July 16, 2026.
The business being acquired
FSSPL, together with its subsidiaries, provides integrated flight training to airline pilots. FSTC is described in the filing as a pilot-training organisation approved by the Directorate General of Civil Aviation (DGCA) and the European Union Aviation Safety Agency (EASA). The stated objective is to expand ADSTL's footprint in the aviation services industry. The company classified the deal as all-cash, confirmed it is not a related-party transaction, and noted no governmental or regulatory approvals are required.
Timing and terms
Completion is expected within two months. The filing sets out the enterprise value for FSTC and three years of audited consolidated revenue for FSSPL — figures shown in the key-facts panel below.