Bengaluru: Hindustan Aeronautics Limited (HAL) has informed the stock exchanges that Infotech HAL Limited, a joint venture company in which HAL held a 50% stake, has been dissolved following an order passed by the National Company Law Tribunal (NCLT), Bengaluru Bench.
The NCLT Bengaluru Bench passed the dissolution order on August 17, 2026. HAL received the order on August 20, 2026, and subsequently disclosed the development to the stock exchanges.
NCLT Bengaluru Orders Dissolution of Infotech HAL
The dissolution of Infotech HAL Limited was confirmed through an order issued by the NCLT Bengaluru Bench.
HAL said the order was dated August 17, 2026, while the company received the order on August 20, 2026.
The development marks the formal dissolution of the joint venture company in which HAL held a 50% equity stake.
HAL Held 50% Stake in Joint Venture
Infotech HAL Limited was a joint venture company of HAL, with Hindustan Aeronautics Limited holding a 50% stake.
With the NCLT order, the joint venture has now been dissolved. The development brings an end to HAL’s participation in the particular joint venture.
HAL has disclosed the information to shareholders and stock exchanges in accordance with the applicable regulatory requirements.
Disclosure Made Under SEBI Regulations
HAL made the disclosure under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company informed the stock exchanges about the NCLT order for the information of shareholders and other stakeholders.
The filing confirms the dissolution of Infotech HAL Limited but does not provide further details regarding any financial impact or restructuring implications arising from the development.
What the Dissolution Means for HAL
The dissolution formally concludes HAL’s association with Infotech HAL Limited as a joint venture partner.
HAL held a 50% stake in the company before its dissolution. Any further financial or accounting implications arising from the dissolution would depend on the applicable settlement and accounting processes.
The company has not provided additional details on the financial impact of the dissolution in the information disclosed to the stock exchanges.
About Hindustan Aeronautics Limited
Hindustan Aeronautics Limited (HAL) is a leading Indian aerospace and defence public sector enterprise under the Ministry of Defence, Government of India. The company is involved in the design, development, manufacturing, repair and maintenance of aircraft, helicopters, aero-engines and related aerospace systems for the Indian Armed Forces and other customers.
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