Adani Enterprises Ltd announced on November 27, 2025, that its subsidiary, Adani Defence Systems & Technologies Ltd (ADSTL), along with Prime Aero Services LLP, has signed agreements to buy a 72.8% stake in Flight Simulation Technique Centre Pvt Ltd (FSTC). The deal values the company at an enterprise level of ₹820 crore.
The agreements were executed on the same day and involve ADSTL and its step subsidiary, Horizon Aero Solutions Ltd. The companies confirmed that this is not a related party transaction.
FSTC is currently India’s largest independent provider of flight training and simulation services. It runs 11 full-flight simulators and 17 training aircraft used for commercial pilot licences, type rating courses, recurrent training, and a range of skill-based programmes. The organisation is certified by both DGCA and EASA.
Its simulation centres are located in Gurugram and Hyderabad, alongside large flying schools in Bhiwani and Narnaul in Haryana.
India’s aviation sector is projected to need around 20,000 new pilots over the next decade as airlines expand their fleets and add more domestic and international routes. Training capacity has been a recurring bottleneck, with many pilots previously travelling abroad for advanced modules. FSTC’s infrastructure and certification allow it to offer full domestic training pathways.
The acquisition adds flight training to Adani Defence’s existing aviation-related businesses, which include civil and general aviation MRO operations through Air Works and Indamer Technics. With FSTC’s inclusion, the group gains wider training and simulation covering both ground-based and flying training.
Adani Defence stated that the transaction supports its plan to build an integrated aviation services platform covering MRO, simulation, and pilot training.
Read More: Jaiprakash Associates IBC Update: Adani Enterprises’ Resolution Plan Submitted to NCLT Allahabad Bench!
As of November 28, 2025, 10:04 am, Adani Enterprises share price is trading at ₹2,295.40, a 1.79% increase from the previous closing price.
With this acquisition, FSTC’s facilities and training assets move into Adani Defence’s aviation portfolio. The transaction consolidates a significant share of existing pilot training capacity.
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Published on: Nov 28, 2025, 10:58 AM IST
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