Joint Venture20 Aug 2026, 05:20 pm
HAL's Joint Venture Infotech HAL Dissolved by NCLT
AI Summary
Hindustan Aeronautics Ltd (HAL) announced that its joint venture, Infotech HAL Limited, has been dissolved by the National Company Law Tribunal (NCLT), Bengaluru Bench. The order was dated August 17, 2026, and received by HAL today. HAL held a 50% stake in Infotech HAL Limited. This dissolution marks the end of the joint venture.
Key Highlights
- Infotech HAL Limited, a joint venture of HAL, has been dissolved.
- The dissolution order was issued by NCLT, Bengaluru Bench.
- HAL held a 50% stake in the dissolved joint venture.
- The NCLT order was dated August 17, 2026.
Price Impact
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