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Adani Defence & Aerospace to acquire Air Works for an enterprise value of Rs 400 crore

Adani Defence Systems & Technologies Ltd. (ADSTL), the defence manufacturing arm of the $ 250-billion Adani Group, today said it had signed definitive agreements to acquire Air Works, India’s biggest and highly diversified independent maintenance, repair and overhaul (MRO) company with the largest pan-India network presence across 27 cities.

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