ScoutQuest2 Oct 2026
Hindustan Aeronautics541154Stake acquisition deal

HAL to buy CAE Canada's 50% stake in HATSOFF for nil consideration, making it a wholly-owned subsidiary

50%Stake acquired from CAE Canada
Stake acquired from CAE Canada: 50%.
Stake Acquired
50% stake (3,84,04,205 equity shares)
Holding Post Acquisition
50% to 100%
Consideration
Nil consideration; no cash, share swap or other form of consideration is payable
Face Value Per Share
Rs 10/- (Rs Ten only)
Target
HATSOFF Helicopter Training Pvt Ltd (HATSOFF)

HAL to buy CAE Canada's 50% stake in HATSOFF for nil consideration, making it a wholly-owned subsidiary.

80.95 (Rs in Crs)+21.7%
FY2023-2466.49 (Rs in Crs)FY2025-2680.95 (Rs in Crs)
HATSOFF turnover: 66.49 (Rs in Crs) (FY2023-24) and 80.95 (Rs in Crs) (FY2025-26).
More numbers
  • Stake acquired from CAE Canada50%
  • Equity shares acquired3,84,04,205
  • Face value per shareRs 10/-
  • Authorized capital of HATSOFF₹ 76.84 Crs
  • Paid-up capital of HATSOFF₹ 76.80 Crs
  • HATSOFF turnover FY 2025-2680.95 (Rs in Crs)
  • HATSOFF turnover FY 2023-2466.49 (Rs in Crs)
  • HATSOFF turnover FY 2024-2569.55 (Rs in Crs)
  • Indicative completion period60 days
  • ConsiderationNil consideration
Source: BSE · 2 Oct 2026

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