Hindustan Aeronautics Limited (HAL) clarifies a news item regarding collaboration with Russia on aircraft manufacturing. HAL confirms it entered an MOU with Public Joint Stock Company United Aircraft Corporation (PJSC-UAC) Russia for the production of civil commuter aircraft SJ-100 on October 27, 2025. This information was already disclosed to the Stock Exchanges on October 28, 2025. HAL believes no further material impact from the news article is perceived.
Russia Collaboration Clarification
Hindustan Aeronautics Limited (HAL) is providing clarification on a news article concerning collaboration with Russia in aircraft manufacturing. The company confirms its involvement in a previously disclosed agreement.
Details of the MOU
HAL confirms it has entered into a Memorandum of Understanding (MOU) with Public Joint Stock Company United Aircraft Corporation (PJSC-UAC) in Moscow, Russia. The MOU focuses on the production of the civil commuter aircraft SJ-100. This agreement was formalized on October 27, 2025.
Previous Disclosure
The details of the MOU with PJSC-UAC regarding the SJ-100 aircraft production were initially disclosed to the Stock Exchanges on October 28, 2025. HAL states that any further updates regarding this matter will be disclosed in accordance with regulatory requirements.
Source: BSE
