Joint Venture21 Aug 2026, 05:50 pm
Cyient Ltd: Infotech HAL Joint Venture Dissolved by NCLT
AI Summary
Cyient Ltd has announced the dissolution of Infotech HAL Limited, a 50:50 joint venture with Hindustan Aeronautics Limited (HAL). The Bengaluru Bench of the National Company Law Tribunal (NCLT) passed an order on August 17, 2026, to dissolve Infotech HAL Limited following the completion of its liquidation process. This follows earlier disclosures regarding the joint venture's status. The NCLT order officially marks the end of the joint venture entity.
Key Highlights
- Infotech HAL Limited, a joint venture between Cyient Ltd and HAL, has been dissolved.
- The dissolution order was passed by the NCLT Bengaluru Bench on August 17, 2026.
- The dissolution follows the completion of the liquidation process for Infotech HAL Limited.
- This event concludes the operational existence of the joint venture entity.
Price Impact
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