News ArticleHindustan Aeronautics Ltd Acquires Remaining 50% Stake in HATSOFF Helicopter Training Pvt. Ltd. from CAE Canada
Following the transfer of 3.84 crore equity shares worth Rs 10 each, HATSOFF becomes HAL's wholly-owned subsidiary as approved on November 3, 2026
Hindustan Aeronautics Ltd (HAL) has acquired 3,84,04,205 equity shares from CAE Canada, representing 50% stake in HATSOFF Helicopter Training Pvt. Ltd., making it a wholly-owned subsidiary. The shares each have a face value of Rs 10, completing the transfer approved by the subsidiary's board as of 3rd November 2026.
Hindustan Aeronautics Ltd
Acquisition / Amalgamation / Merger / Demerger
Hindustan Aeronautics Ltd (HAL) has completed the acquisition of a 50% equity stake in HATSOFF Helicopter Training Pvt. Ltd. from CAE Canada. This transfer of 3,84,04,205 shares, each with a face value of Rs 10, makes HATSOFF a wholly-owned subsidiary of HAL.
The Board of HATSOFF Helicopter Training Pvt. Ltd approved the transfer of equity shares on 3rd November 2026.
The shares transferred amount to Three Crore Eighty-Four Lakh Four Thousand Two Hundred Five, each having a face value of Rs 10.
Prior to this transaction, CAE Canada held 50% ownership in HATSOFF Helicopter Training Pvt. Ltd.
After the transfer, HAL assumes complete ownership of the company, strengthening its presence in helicopter training services.
Highlights
- 3,84,04,205 equity shares transferred to HAL
- Face value of each share is Rs 10
- HATSOFF Helicopter Training Pvt. Ltd becomes wholly-owned subsidiary of HAL
- Board approval obtained as of 3rd November 2026
Key Data Snapshot
What happened
- Hindustan Aeronautics Ltd acquired the remaining 50% stake of CAE Canada in HATSOFF Helicopter Training Pvt. Ltd.
- The transfer involved 3,84,04,205 equity shares with a face value of Rs 10 each.
- This acquisition results in HATSOFF becoming a wholly-owned subsidiary of HAL.
Key details
- The Board of HATSOFF approved the share transfer on 3rd November 2026.
- Prior to the transaction, ownership of HATSOFF was shared equally between HAL and CAE Canada.
- Post-transfer, HAL holds 100% ownership of HATSOFF, consolidating its stake.
Regulatory and governance context
- The acquisition was reported to BSE and NSE as per regulatory requirements.
- This follows an agreement signed between HAL and CAE Canada as informed in a prior communication dated 2nd October 2026.
Highlights
- 3,84,04,205 equity shares transferred to HAL
- Face value of each share is Rs 10
- HATSOFF Helicopter Training Pvt. Ltd becomes wholly-owned subsidiary of HAL
- Board approval obtained as of 3rd November 2026
Disclosures
- BSE Listing Regulations
- NSE Listing Regulations
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