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HAL To Acquire Remaining 50% Stake In HATSOFF, Making It A Wholly-Owned Subsidiary

Mumbai: Hindustan Aeronautics Ltd (HAL) on 2 October 2026 announced it has signed an agreement to acquire the remaining 50 per cent stake in HATSOFF Helicopter Training Pvt Ltd (HATSOFF) from CAE, Canada . This acquisition will make HATSOFF a wholly-owned subsidiary of HAL. Acquisition Details HAL will acquire 3,84,04,205 equity shares, each with a face value of ₹10, from M/s CAE, Canada, at nil…

HAL To Acquire Remaining 50% Stake In HATSOFF, Making It A Wholly-Owned Subsidiary

We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.

Read the original at freepressjournal.in →

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Budget 2027: Hoteliers hope for better incentives, operating subsidies

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