Adani Defence & Aerospace acquires 25% stake in Alpha Design Technologies

Adani Defence & Aerospace acquired a 25% stake in Bengaluru-based Alpha Design Technologies for an estimated 400 crore ($55.9m). The transfer of shares was actioned after signing the agreement in New Delhi on December 13, 2018.

“Adani Defence & Aerospace has acquired a 25 per cent stake in Bengaluru-based Alpha Design Technologies for an estimated 400 crore ($ 55.9m).”sps-aviation.com

• 1 source
• sps-aviation.comAdani gathers momentum, buys 25 per cent stake in Alpha DesignJan 15, 2019

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