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Adani Enterprises Ltd. M&A Activity 2026

Feb 13, 2026

61303_rns_2026-02-13_cc156db7-d1ed-4475-8f53-3b5691c9cd0c.pdf

M&A Activity

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February 13, 2026

BSE Limited P J Towers, Dalal Street, Mumbai – 400001.

National Stock Exchange of India Limited Exchange plaza, Bandra-Kurla Complex, Bandra (E), Mumbai – 400051.

Scrip Code: 512599

Scrip Code: ADANIENT

Dear Sir/ Madam,

  • Sub.: Intimation of completion of acquisition of 100% stake in Indamer Technics Private Limited by Horizon Aero Solutions Limited (HASL), a step-down subsidiary of the Company.

Ref.: Earlier intimation dated August 11, 2025.

In furtherance to our intimation dated August 11, 2025, vide which we had informed about the execution of the share purchase agreement (“ SPA ”) by Horizon Aero Solutions Limited (“HASL”), a step-down subsidiary of the Company with Indamer Technics Private Limited (“ITPL”) and ITPL’s existing shareholders for acquisition of 100% shareholding in ITPL, we hereby inform that HASL has completed the said acquisition and as such ITPL has become a step down subsidiary of the Company. The intimation of the same was received by the Company on February 13, 2026 at 7:51 p.m.

The details of the above acquisition (as required to be furnished pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026) are enclosed as Annexure 1.

You are requested to take the same on your records.

Thanking you,

Yours faithfully, For Adani Enterprises Limited Digitally signed by JATINKUMAR JATINKUMAR RAMESHCHANDR RAMESHCHANDRA JALUNDHWALA A JALUNDHWALA Date: 2026.02.13 23:11:40 +05'30' Jatin Jalundhwala Company Secretary & Joint President (Legal) Membership No. FCS-3064

Adani Enterprises Limited Tel + 91 79 2656 5555 “Adani Corporate House”, Fax + 91 79 2555 5500 Shantigram, Near Vaishno Devi Circle [email protected] S. G. Highway, Khodiyar www.adanienterprises.com Ahmedabad – 382 421 Gujarat, India CIN: L51100GJ1993PLC019067

Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad – 382 421

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Annexure 1

Sr. Particulars Details
1 Name of the target entity, details in brief suchas size, turnover etc. Indamer Technics Private Limited (ITPL)Audited Turnover for FY 2024-25: INR138 crore
2 Whether the acquisition would fall withinrelated party transaction(s) and whether thepromoter/ promoter group/ group companieshave any interest in the entity being acquired?If yes, nature of interest and details thereof andwhether the same is done at “arm’s length” Yes.The transaction has been done at arm’slength.
3 Industry to which the entity being acquiredbelongs Aerospace: Maintenance, repair andoverhaul (MRO) of aircraft
4 Objects and impact of acquisition (includingbut not limited to, disclosure of reasons foracquisition of target entity, if its business isoutside the main line of business of the listedentity) TheacquisitionaimstoexpandCompany’s footprint in the AircraftServices & MRO industry.
5 Brief details of any governmental or regulatoryapprovals required for the acquisition NA
6 Indicative time period for completion of theacquisition Completed
7 Consideration - whether cash consideration orshare swap or any other form and details of thesame Cash
8 Cost of acquisition and/or the price at whichthe shares are acquired Enterprise Value of approximately INR330 crore.
9 Percentage of shareholding / control acquiredand / or number of shares acquired. HASL has acquired 100% stake in ITPL
10 Brief background about the entity acquired interms of products/line of business acquired,date of incorporation, history of last 3 yearsturnover, country in which the acquired entityhas presence and any other significantinformation (in brief). ITPL is one of India’s leading privatesector MRO companies. It operates astate-of-the-art 30-acre facility in theMIHAN SEZ in Nagpur and offers acomprehensive suite of MRO services toleading Indian and global customers.

Adani Enterprises Limited Tel + 91 79 2656 5555 “Adani Corporate House”, Fax + 91 79 2555 5500 Shantigram, Near Vaishno Devi Circle [email protected] S. G. Highway, Khodiyar www.adanienterprises.com Ahmedabad – 382 421 Gujarat, India CIN: L51100GJ1993PLC019067

Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad – 382 421

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Year wise Revenue (audited): o FY 2022-23: INR 42 crore o FY 2023-24: INR 76 crore o FY 2024-25: INR 138 crore

Adani Enterprises Limited “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle S. G. Highway, Khodiyar Ahmedabad – 382 421 Gujarat, India CIN: L51100GJ1993PLC019067

Tel + 91 79 2656 5555 Fax + 91 79 2555 5500 [email protected] www.adanienterprises.com

Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad – 382 421