Ashish Rajvanshi

NEW DELHI: Adani Defence Systems & Technologies Ltd. (ADSTL) has signed a binding agreement to acquire an 85.8% stake in Air Works India (Engineering) Private Limited, the nation’s largest private-sector Maintenance, Repair, and Overhaul (MRO) company. The deal, valued at ₹400 crore, marks a significant milestone in Adani’s expansion into the aviation and defence sectors. […]