Hindustan Aeronautics Limited (HAL) has issued a clarification regarding a news item concerning a Tejas fighter jet incident in Dubai. The news reported that HAL shares dropped up to 9%. HAL clarified that the aircraft involved was in customer service, and the company had previously addressed the incident in a communication dated November 24, 2025. HAL also stated that no further information required separate disclosure.
Response to News Report
Hindustan Aeronautics Limited (HAL) has addressed a news item circulating online, specifically regarding the impact of a Tejas fighter jet incident in Dubai on the company’s stock performance. The news report suggested a significant drop in HAL shares (up to 9%) following the incident. HAL has clarified its position concerning this matter.
Clarification on the Incident
HAL’s response addresses queries from Stock Exchanges relating to the news report. HAL confirms that the aircraft in question was in the service of a customer. HAL stated that the company had already issued a clarification regarding the incident at the Dubai Air Show via letter CO/SEC/4(7)/2025-26/ BSE & NSE Filing/56, dated 24th November, 2025.
Negotiations and Awareness of Information
HAL stated that there were no ongoing negotiations related to the incident. The company believes that no additional information required disclosure to the exchanges, considering the existing clarification and the fact that the aircraft was in customer service.
Source: BSE