Hindustan Aeronautics Limited (HAL) has announced the dissolution of its joint venture, Infotech HAL Limited. The National Company Law Tribunal (NCLT), Bengaluru Bench, issued an order on August 17, 2026, confirming the dissolution. HAL held a 50% stake in this joint venture, which was established to pursue specific technology and information services.
Infotech HAL Limited Dissolution Confirmed
Hindustan Aeronautics Limited (HAL) has officially informed stakeholders about the dissolution of Infotech HAL Limited, a joint venture company. The National Company Law Tribunal (NCLT), Bengaluru Bench, passed an order on August 17, 2026, which was received by HAL on August 20, 2026, confirming the cessation of the joint venture.
Impact on HAL’s Stake
HAL held a significant 50% stake in Infotech HAL Limited. The dissolution, executed under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, marks the end of this particular business collaboration. Further details regarding the financial implications or any restructuring resulting from this dissolution are expected to be communicated as the company progresses.
Source: BSE
