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CADILAHC 6.58%. Adani Enterprises’ wholly owned subsidiary – Adani Defence Systems and Technologies has acquired stake in Alpha Design Technologies. Access exclusive content of the Hindu Businessline across desktops, tablet and mobile device. Strabag wins €40m motorway contract in Romania. For the record, Adani has been making headlines ever since the onset of 2019. Alpha Design Technologies Pvt Ltd provides Adani Defence and Aerospace a strong tier-1 capability for building a base for graduating to platform capabilities, the filing said. Customize your preference and get a personalized recommendation of stories based on your interest. Follow us on Telegram, Adani Aero Defence has signed a pact with Elbit-ISTAR and Alpha Design Technologies to work in the field of Unmanned Aircraft Systems (UAS) in India. Alpha Design Technologies Private Limited is a Private incorporated on 02 July 2003. A voluntary cardiac care service shows how Janaushadhi kendras can go much beyond selling low-cost medicines, What is needed to boost funding in renewable energy, Developments in the renewable sector this year can spur better future outcomes, While insurers reward you with higher sum insured, you can still enhance your existing policy for extra costs, Control your emotions — it will pay off, The benchmark indices scaled new highs last week; traders should stay alert, You can vote ‘Yes’ and still demand that SEBI or the courts act on the results of investigations. You have reached your weekly free article limit. New Delhi, Mar 30 Adani Aero Defence has signed a pact with Elbit-ISTAR and Alpha Design Technologies to work in the field of Unmanned Aircraft Systems (UAS) in India. The cost of acquisition is Rs 400 crore. Commenting on the cost of acquisition, the company said it was for "Rs 400 crore", and acquired "1,33,16,909 equity shares of Rs 10 each at a premium of Rs 290.37 per share". Experience cleaner site with zero ads and faster load times. Offer closes soon. While medical staff at hospitals nurse India back to health, an army of delivery agents continues to bring ... A employee, working remotely since lockdown, can’t unsee the private lives of her colleagues on video calls. Offer closes soon. This has led to a significant improvement in ADTPL’s capital structure, enabling the company for the aggressive growth targeted over the next 18 to 24 months. About Us Alpha Design Technologies Pvt Ltd., has been established with a view to put into action "MAKE IN INDIA" policy of the Government of India. The company has interests in defence and space, and works on products ranging from drones to helicopters and simulators. Established in 2003, Alpha Design is involved in the design, development and manufacture of defence electronics and avionics. Facebook, Twitter, Instagram, YouTube and The company did not reveal the deal value. Ahmedabad, March 30, 2016: Adani Aero Defence Systems & Technologies Ltd, Elbit-ISTAR and Alpha Design Technologies Pvt Ltd have signed the statement of intent to cooperate and work together in the field of Unmanned Aircraft Systems (UAS) in India, aligned to … We’re both wearing masks. It is classified as Non-govt company and is registered at Registrar of Companies, Bangalore. Adani Enterprises on Thursday announced acquisition of aerospace and defence player Alpha Design Technologies Pvt Ltd for Rs400cr in an all-cash deal. And it has every reason to smile. While medical staff at hospitals nurse India back to health, an army of delivery agents continues to bring ... A employee, working remotely since lockdown, can’t unsee the private lives of her colleagues on video calls. Electronics Bazaar February 2019. Alpha Design Technologies provides Adani Defence & Aerospace a strong Tier-I capability for building a base for graduating to platform capabilities. ALPHA specializes in R&D, manufacture, assembly, testing, qualification, integration & installation of Defence Electronics, Avionics & Space Satellites systems. Alpha Design Technologies provides Adani tier-I capability in defence and aerospace. “Aren’t we going ... An ode to a friend who kept relationships and magic alive, How young businesses grabbed shelf and mind space during the pandemic, Wondrlab founder Saurabh Varma explains why and how his business will be driven by tech platforms, Defined by worry, 2020 also threw up newer consumer needs and, in turn, marketing opportunities. Bengaluru-based defence electronics and hi-tech major, Alpha Design Technologies Pvt Ltd, was recently acquired by the Adani Group in an all-cash deal. Its key customers include global OEMs, defence PSUs and research establishments such as DRDO besides Indian Armed forces and ISRO. The BSE filing claimed that through this acquisition, Alpha Design Technologies will provide Adani Defense and Aerospace with a strong tier-1 capability in order to build a base for graduating to platform capabilities. The Adani Group is all set to acquire a substantial stake in Alpha Design Technologies Pvt with an initial investment of more than Rs 400 crore in an all-cash deal and is optimistic towards further expansion in the coming months. You have clicked on a link which leaves THBL website, and you will be redirected to a third party website.THBL makes no representations nor has any supervision or control over the content, reliability or security of the third party website, nor shall THBL be liable for its use. A voluntary cardiac care service shows how Janaushadhi kendras can go much beyond selling low-cost medicines, What is needed to boost funding in renewable energy, Developments in the renewable sector this year can spur better future outcomes, While insurers reward you with higher sum insured, you can still enhance your existing policy for extra costs, The benchmark indices scaled new highs last week; traders should stay alert, You can vote ‘Yes’ and still demand that SEBI or the courts act on the results of investigations. The acquisition of Alpha Design Technologies will strengthen the positioning of the Gautam Adani-led group in defence sector Adani Enterprises Ltd, the flagship entity of Adani Group, has acquired the Bengaluru-based defense electronics and avionics company Alpha Design Technologies Pvt Ltd for US$ 55.5 million (Rs 400 crore) in an all cash deal. Get diverse set of perspectives from our trusted experts on Portfolio, Banking, Economy, Environment and others. Adani Group Buys Alpha Design Technologies for ₹ 4 billion. Adani Enterprises acquires Alpha Design for 400 cr news and related update by Business Line . Alpha Design Technologies provides Adani Defence and Aerospace a strong tier-1 capabilities for building a base for graduating to platform capabilities. Sanjai. “Adani Aero Defence Systems & Technologies You have reached your weekly free article limit. The company has posted consolidated turnover of ₹218 crore for 2017-18, Adani informed in a statement on the stock exchanges on Thursday. A nifty little soundbar at a great price point. The acquired company provides Adani Defence and Aerospace a strong Tier – I capability for building … Copyright © 2020, THG PUBLISHING PVT LTD. Film exhibition industry revenues to contract by 80-85% in FY 21: ICRA, Small, tiny foundries in Coimbatore to go on strike from Dec 16, Google restores services for majority of users after global outage, Uday Shankar takes over as FICCI President, Suguna Daily Fressh expand its presence in Kerala, Creative Stage V2: Setting the scene with elegant simplicity, How you can maximise your health insurance, Index Outlook | Sensex, Nifty 50 face key resistance ahead. Technologies Private Limited recently through the acquisition of a 26% stake in Alpha Design Technologies Private Limited (ADTPL1). Alpha Design Technologies provides Adani Defence and Aerospace a strong tier-1 capability for building a base for graduating to platform capabilities, the filing said. And it has every reason to smile. In December 2018, Adani Defence Systems and Technologies Limited, a wholly-owned subsidiary of Adani Enterprises Limited, acquired a 26% stake in ADTPL. “Aren’t we going ... An ode to a friend who kept relationships and magic alive, How young businesses grabbed shelf and mind space during the pandemic, Wondrlab founder Saurabh Varma explains why and how his business will be driven by tech platforms, Defined by worry, 2020 also threw up newer consumer needs and, in turn, marketing opportunities. Alpha Design Technologies provides Adani Defence and Aerospace a strong tier-1 capability for building a base for graduating to platform capabilities, the filing said. ENOC Group opens new service stations in Lehbab and Al Qudra. ICICIPRULI -2.79%. Manufacturer of electronics and avionics equipment for defense and aerospace industries. You can also download our Android App or IOS App. Adani Enterprises said on Saturday its subsidiary, Adani Defence Systems and Technologies, has acquired Alpha Design Technologies. With the Navy embarking on an upgrade programme of a fleet of anti-submarine helicopters, Bengaluru-based defence equipment manufacturer Alpha Design Technologies Pvt Ltd has offered "its expertise" in partnership with Adani Defence. Markets Today Top Gainers IGL 10.77%. Covid-19 has triggered a consumer shift towards branded products as ... Big Story | Behavioural biases to be wary of in a bull market. . Linkedin. Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Copyright © 2020, THG PUBLISHING PVT LTD. Adani wins Centre’s approval for groundwater management plans for Australia coal mine, Film exhibition industry revenues to contract by 80-85% in FY 21: ICRA, Small, tiny foundries in Coimbatore to go on strike from Dec 16, Google restores services for majority of users after global outage, Uday Shankar takes over as FICCI President, Suguna Daily Fressh expand its presence in Kerala, Creative Stage V2: Setting the scene with elegant simplicity, How you can maximise your health insurance, Index Outlook | Sensex, Nifty 50 face key resistance ahead. Alpha Design Technologies Pvt Ltd was established in 2003 for the design, development and … Avail Invitation Pricing Now Alpha Design Technologies has proven capabilities in manufacturing aerostructures for helicopters and fighter aircraft, as well as defence electronics. Its key business areas includes, defence electronics, avionics, aero-structure assemblies, space and satellite systems and simulators among others. Alpha Design Technologies provides Adani tier-I capability in defence and aerospace. Alpha Design Technologies General Information Description. Alpha Design will provide Adani Defence a strong capacity for building a base for graduating to platform capabilities, Adani Enterprises said. Please Subscribe to get access to one of our early bird packs. You can also download our Android App or IOS App. Shankar, post-retirement in 2003. Ahmedabad, March 30, 2016: Adani Aero Defence Systems & Technologies Ltd, Elbit-ISTAR and Alpha Design Technologies Pvt Ltd have signed the statement of intent to cooperate and work together in the field of Unmanned Aircraft Systems (UAS) in India, aligned to the PM Mr. Modi's Make in India initiative. twitter; facebook Get diverse set of perspectives from our trusted experts on Portfolio, Banking, Economy, Environment and others. 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