'Intimation for update on acquisition of stake in Flight Simulation Technique Centre Private Limited, Flight…

Adani Enterprises Limited's subsidiary, Adani Defence Systems and Technologies Limited, has completed the acquisition of a stake in Flight Simulation Technique Centre Pvt. Limited, increasing its effective shareholding to 72.8%. This information was received by the company on January 22, 2026. Details regarding this acquisition were previously disclosed in an earlier intimation letter dated December 31, 2025.

An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.

• Consideration and how it is funded
• Revenue and profit of the target
• Expected completion date