Cyient Limited has announced that the Bengaluru Bench of the National Company Law Tribunal (NCLT) has passed an order on 17 August 2026, dissolving Infotech HAL Limited. This entity was a 50:50 joint venture between Cyient and HAL. The dissolution follows the successful completion of the liquidation process, as previously disclosed in earlier filings. This order formalizes the cessation of the joint venture’s operations.
Infotech HAL Limited Dissolved
Cyient Limited has officially been notified that the Bengaluru Bench of the National Company Law Tribunal (NCLT) has issued an order on 17 August 2026, dissolving Infotech HAL Limited. This marks the formal conclusion of the liquidation process for the joint venture. Infotech HAL Limited was established as a 50:50 joint venture between Cyient Limited and Hindustan Aeronautics Limited (HAL).
Completion of Liquidation Process
The NCLT’s order to dissolve Infotech HAL Limited comes after the successful completion of its liquidation proceedings. This development was communicated to Cyient Limited via an order received on 21 August 2026. The company had previously made disclosures regarding this matter on 20 March 2024, 28 August 2025, and 06 March 2026, keeping stakeholders informed of the ongoing process.
Regulatory Compliance
This disclosure is being made in compliance with the requirements of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with relevant SEBI circulars. The enclosed copy of the NCLT order provides further details on the dissolution.
Source: BSE