Ahmedabad, Nov. 27 -- Adani Defence Systems & Technologies Ltd (ADSTL), in collaboration with Prime Aero Services LLP, has finalised agreements to acquire a majority stake in Flight Simulation Technique Centre Pvt Ltd (FSTC), India's largest independent flight training and simulation provider, for an enterprise value of Rs 820 crore, an official press release said.

FSTC operates 11 advanced full-flight simulators and 17 training aircraft, offering comprehensive pilot training--from commercial pilot licences to type ratings, recurrent training and specialised skill courses.

The company is certified by DGCA (Directorate General of Civil Aviation) and EASA (European Union Aviation Safety Agency) and runs state-of-the-art simulation centres...