ADSTL already owns a 55.4% stake in FSSPL. Once the transaction is finalized, its ownership will rise to 100%, converting FSSPL into a wholly owned subsidiary of ADSTL.
This acquisition will also elevate ADSTL’s effective stake in Flight Simulation Technique Centre Pvt. Ltd. (FSTC), a subsidiary of FSSPL, from 72.8% to 100%, thus making it a wholly owned entity as well.
The company reported receiving details pertaining to the transaction on July 16, 2026, at 12:28 p.m., and shared this information in compliance with SEBI’s listing regulations.
Earlier, on July 7, the firm notified the exchanges about the successful completion of its ₹15,000 crore Qualified Institutional Placement (QIP).
The board of the company approved the distribution of 5.20 crore equity shares with a nominal value of ₹1 each to eligible qualified institutional buyers.
The issue price was set at ₹2,883 per share, reflecting nearly a 5% discount to the closing price on Tuesday.
Q4FY26
The firm reported a net loss of ₹220.7 crore for the fourth quarter, in contrast to a profit of ₹3,844.9 crore in the same quarter last year, despite a year-on-year revenue increase of 20.3%.
Quarterly revenue reached ₹32,439.3 crore, up from ₹26,965.9 crore during the same period last year. EBITDA grew by 0.6% to ₹3,731 crore for the quarter, compared to ₹3,710 crore the previous year. The EBITDA margin shrank to 11.5% from 13.8% in the year-ago quarter.
Shares of Adani Enterprises Ltd. closed down 0.15% at ₹3,146 on the NSE on Thursday, July 16, having dipped ₹4.60 during the session.
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