HAL Secures Complete Control of HATSOFF Helicopter Training Operations

Hindustan Aeronautics Ltd (HAL) has signed a definitive agreement to acquire the remaining 50% stake in HATSOFF Helicopter Training Pvt Ltd from Canada-based CAE, paving the way for the training specialist to become a wholly owned subsidiary of the aerospace and defence company.The transaction covers 3,84,04,205 equity shares with a face value of ₹10 each and will be completed at nil
Hindustan Aeronautics Ltd (HAL) has signed a definitive agreement to acquire the remaining 50% stake in HATSOFF Helicopter Training Pvt Ltd from Canada-based CAE, paving the way for the training specialist to become a wholly owned subsidiary of the aerospace and defence company.The transaction covers 3,84,04,205 equity shares with a face value of ₹10 each and will be completed at nil
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