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Adani Group Acquires 85.8% Stake in Air Works

Kumari Sonali

Adani Group Acquires 85.8% Stake in Air Works:

The Adani Group has announced the acquisition of an 85.8% stake in Air Works, India’s largest private-sector Maintenance, Repair, and Overhaul (MRO) company, at an enterprise value of Rs 400 crore. This move solidifies Adani’s position in the defence and civil aviation MRO sectors, marking a strategic expansion into an integrated aviation services ecosystem.

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