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Adani Enterprises’ arm acquires 100% shareholding in Indamer Technics

16 Feb 2026 Evaluate

Adani Enterprises’ step-down subsidiary -- Horizon Aero Solutions (HASL) has completed acquisition of 100% shareholding in Indamer Technics (ITPL).  With this, Indamer Technics has become a step-down subsidiary of the Company. The objective of acquisition is to expand company’s footprint in the Aircraft Services & MRO industry. The cost of acquisition is Rs 330 crore. 

Adani Enterprises (AEL), the flagship company of the Adani Group, is one of India’s largest business organisations. The company has enhanced value for stakeholders by building prominent infrastructure assets and widening its presence across a range of sectors directed towards responsible nation-building.

Peers
Company Name CMP
Redington 368.75
Adani Enterprises 2760.00
Amrapali Industries 34.00
Maxgrow India 175.85
Rashi Peripheral 871.15
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