Adani Defence & Aerospace to acquire 100% stake in Indamer Technics via Horizon Aero

Adani Defence & Aerospace is set to acquire a 100% stake in Indamer Technics via its subsidiary Horizon Aero. The acquisition is a significant strategic move, aimed at consolidating Adani's position in the defence and aerospace market. The acquisition will allow Adani to expand its product offerings and reach a wider customer base. The move is a significant step towards a more efficient and less intrusive regulatory environment. The acquisition is expected to boost Adani's revenue and profit.