HomeNewsBusinessMarketsAdani Enterprises shares rise 2.5% after unit buys 73% stake in Flight Simulation Technique Centre for Rs 820 cr

Adani Enterprises shares rise 2.5% after unit buys 73% stake in Flight Simulation Technique Centre for Rs 820 cr

India's defence pilot training ecosystem is emerging as a major opportunity, mirroring trends in civil aviation where simulator-based training lowers costs and improves safety and efficiency, the company said

November 28, 2025 / 13:25 IST
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Adani Enterprises shares rise 2.5% after unit buys 73% stake in Flight Simulation Technique Centre for Rs 820 cr
Adani Enterprises shares rise 2.5% after unit buys 73% stake in Flight Simulation Technique Centre for Rs 820 cr

Shares of Adani Enterprises rose 2.5% on November 28 to Rs 2,311 apiece to emerge as top Nifty gainer a day after Adani Group said it will buy a 72.8% stake in Flight Simulation Technique Centre (FSTC) for Rs 820 crore, marking the conglomerate's foray into the pilot training segment.

FSTC operates 11 advanced full-flight simulators and 17 training aircraft, providing training for commercial pilot licences to type ratings, recurrent training and specialised skill courses.

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It runs simulation centres in Gurugram (Haryana) and Hyderabad (Telangana), and also operates flying schools at Bhiwani and Narnaul in Haryana.

Adani Defence Systems and Technologies Ltd (ADSTL), a wholly-owned subsidiary of Adani Enterprises, and Horizon Aero Solutions Ltd (HASL) will snap up a 72.8% stake in FSTC.