Adani Enterprises’ Subsidiary Acquires 100% Stake in Indamer Technics Private Limited

Ahmedabad – February 13, 2026: Adani Enterprises Limited (NSE: ADANIENT, BSE: 512599) announced that Horizon Aero Solutions Limited (HASL), a step-down subsidiary, has completed the acquisition of 100% stake in Indamer Technics Private Limited (ITPL). The transaction, executed at arm’s length, was finalized on February 13, 2026, at an enterprise value of approximately ₹330 crore.

Indamer Technics, incorporated in India, is a leading private-sector aircraft Maintenance, Repair, and Overhaul (MRO) company, operating a 30-acre facility in MIHAN SEZ, Nagpur. ITPL provides comprehensive MRO services to prominent Indian and international clients.

The acquisition strengthens Adani Enterprises’ footprint in the Aircraft Services & MRO sector, complementing its growing aerospace business. ITPL has demonstrated significant growth over the last three years, with audited revenues rising from ₹42 crore in FY 2022-23 to ₹138 crore in FY 2024-25.

The acquisition does not require any additional regulatory approvals and was completed via cash consideration, marking a strategic expansion for Adani’s aerospace vertical.