Adani Defence Systems and Technologies (ADSTL) has signed an agreement to acquire 85.8 per cent stake in Air Works, India's largest private sector aircraft maintenance, repair and overhaul (MRO) company, at a valuation of ₹400 crore.
"Air Works undertakes base maintenance for narrow-body and turbo-prop aircraft, as well as rotary aircraft from its facilities at Hosur, Mumbai and Kochi," a statement by ADSTL said.
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Denne historien er fra December 24, 2024-utgaven av Business Standard.
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