We’re both wearing masks. 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. Avail Invitation Pricing Now 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. Covid-19 has triggered a consumer shift towards branded products as ... Big Story | Behavioural biases to be wary of in a bull market. 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. In December 2018, Adani Defence Systems and Technologies Limited, a wholly-owned subsidiary of Adani Enterprises Limited, acquired a 26% stake in ADTPL. Follow us on Telegram, 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. Magic happens when digital biz meets advertising, Say cheese, says the organised dairy sector, இந்து தமிழ் திசை. Manufacturer of electronics and avionics equipment for defense and aerospace industries. 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. Experience cleaner site with zero ads and faster load times. The company engages in the business of providing aero-structure assemblies, space and satellite systems, simulators, and other related products. Adani Group Buys Alpha Design Technologies for ₹ 4 billion. Alpha Design Technologies Pvt Ltd was established in 2003 for the design, development and … 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. 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. You have reached your weekly free article limit. ALPHA specializes in R&D, manufacture, assembly, testing, qualification, integration & installation of Defence Electronics, Avionics & Space Satellites systems. Adani Enterprises Ltd on Thursday announced acquisition of aerospace and defence player Alpha Design Technologies Pvt Ltd for ₹400 crore in an all-cash deal. 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. Mumbai : Adani Enterprises’ wholly owned subsidiary — Adani Defence Systems and Technologies has acquired the control of Alpha Design Technologies. Adani Enterprises acquires Alpha Design for 400 cr news and related update by Business Line . Markets Today Top Gainers IGL 10.77%. 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. We’re both wearing masks. Offer closes soon. Avail Invitation Pricing Now Alpha Design Technologies provides Adani tier-I capability in defence and aerospace. Strabag wins €40m motorway contract in Romania. 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 acquired company provides Adani Defence and Aerospace a strong Tier – I capability for building … Alpha Design Technologies provides Adani Defence & Aerospace a strong Tier-I capability for building a base for graduating to platform capabilities. Get Full Digital Access To The Hindu BusinessLine, The Hindu, Frontline, Sportstar, Crossword+, Epaper replica of The Hindu and The Hindu BusinessLine in ONE SINGLE DISCOUNTED PRICE! “For what?” I ask. A nifty little soundbar at a great price point. 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". 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. Alpha Design Technologies provides Adani tier-I capability in defence and aerospace. 437,259,776. Alpha Design Technologies has proven capabilities in manufacturing aerostructures for helicopters and fighter aircraft, as well as defence electronics. Top Losers DMART -3.53%. 600,000,000 and its paid up capital is Rs. Get diverse set of perspectives from our trusted experts on Portfolio, Banking, Economy, Environment and others. You can also download our Android App or IOS App. twitter; facebook 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. Alpha Design Technologies Private Limited, its subsidiaries (Alpha-Tocol Engineering Services Pvt Ltd, ... Amar Singh Bakshi. 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. Alpha Design Technologies has also announced a bid for the Rs 2,100 crore ($ 293.5m) competition to upgrade the Navy’s Ka-28 anti-submarine helicopters in partnership with Adani. Read more about Alpha Design keen to partner with Adani Defence for Navy chopper upgrade on Business Standard. Customize your preference and get a personalized recommendation of stories based on your interest. 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