Adani acquires 85.1 pc stake in air works for ₹400 crore to strengthen MRO footprint

Adani Enterprises Limited (AEL) has completed the acquisition of an 85.1 per cent stake in Air Works India (Engineering) Pvt Ltd (AWIEPL) through its wholly owned subsidiary, Adani Defence Systems and Technologies Limited (ADSTL), the company announced in a stock exchange filing.