HAL to Acquire CAE Canada’s 50% Stake in HATSOFF Helicopter Training

Mumbai: Hindustan Aeronautics Limited (HAL) has informed the stock exchanges that the Board of HATSOFF Helicopter Training Pvt. Ltd. has approved the transfer of CAE Canada's 50% stake in the company to HAL.

Under the proposed transaction, 3,84,04,205 equity shares, each with a face value of Rs 10, will be transferred from CAE Canada to HAL.

Once the share transfer is completed, HATSOFF Helicopter Training will become a wholly-owned subsidiary of HAL.

The development follows HAL's earlier disclosure on 2 October 2026 regarding the signing of an agreement to acquire CAE Canada's 50% stake in the helicopter training company.

The latest disclosure was made by HAL to the BSE and NSE on 3 November 2026