<ul><li>Adani Defence Systems, a subsidiary of Adani Enterprises, is set to acquire an 85.8% stake in Air Works India.</li><li>The share purchase agreement was executed on Monday, and the transaction is not a related-party transaction.</li><li>Air Works India is one of the largest MRO (Maintenance, Repair, and Overhaul) companies in the private sector.</li><li>Adani Defence Systems aims to develop an integrated aviation services ecosystem to support India's aviation infrastructure.</li></ul>

Adani Defence Systems To Obtain 85% Stake In Air Works India For Rs 400 Crore

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