Acquisitions3 Nov 2026, 05:02 pm
HAL to acquire 50% stake in HATSOFF Helicopter Training
AI Summary
Hindustan Aeronautics Ltd (HAL) has announced the approval for the transfer of 3,84,04,205 equity shares of HATSOFF Helicopter Training Pvt. Ltd. from CAE, Canada to HAL. This acquisition will make HATSOFF Helicopter Training Pvt. Ltd. a wholly-owned subsidiary of HAL. The face value of each share is Rs 10/-. This move is a significant step for HAL in expanding its training capabilities.
Key Highlights
- HAL to acquire 50% stake in HATSOFF Helicopter Training.
- HATSOFF Helicopter Training will become a wholly-owned subsidiary.
- 3,84,04,205 equity shares are being transferred.
- The transaction enhances HAL's training infrastructure.
Price Impact
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