2.70 (0.13%) Adani Enterprises has informed that Adani Defence Systems and Technologies (ADSTL), a wholly owned subsidiary of the Company, has executed a Share Purchase Agreement (‘SPA’) on 23rd December 2024 with Air Works India (Engineering) (AWIEPL) and existing shareholders of AWIEPL (‘Parties’), to acquire 85.8% stake in AWIEPL. The information of the same has been received by the Company on 23rd December, 2024 at 1:39 PM). A media release titled ‘Adani Defence & Aerospace to acquire Air Works India (Engineering) for an Enterprise Value of INR 400 Crore’ is also annexed. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 are enclosed.
The above information is a part of company’s filings submitted to BSE.