Agreements

CO/SEC/4(7)/2026-27/ BSE & NSE Filing/39 2nd October, 2026 BSE Limited National Stock Exchange of India Ltd Listing Department Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No C/1, Dalal Street, G Block, Bandra-Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400051 Sub: Signing of an agreement for acquiring 50% stake of CAE Canada in HATSOFF Helicopter Training Pvt. Ltd. Ref: BSE Scrip Code: 541154, NSE Symbol: HAL In terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to inform that, the Company has entered into an agreement for acquisition of 50% stake in HATSOFF Helicopter Training Pvt. Ltd i.e., 3,84,04,205 (Three Crore Eighty-Four Lakh Four Thousand Two Hundred Five) equity shares each with a face value of Rs 10/- (Rs Ten only) from M/s CAE, Canada, at NIL consideration. 2. Upon transfer of the above referred shares, the HATSOFF Helicopter Training Pvt. Ltd. will become 100% Wholly-Owned Subsidiary of HAL. 3. Other details required to be disclosed are as follows: SI Particulars Details 1. Name of the target entity, HATSOFF Helicopter Training Pvt Ltd details in brief such as (HATSOFF). size, turnover etc HATSOFF is operating as a 50:50 Joint Venture between Hindustan Aeronautics Limited (HAL) and M/s CAE, Canada to impart military and civil Helicopter pilot training through operation of simulators. Authorized Capital: ₹ 76.84 Crs Paid-up capital: ₹ 76.80 Crs Turnover FY 2025-26: ₹ 80.95 Crs 2. Whether the acquisition Since HATSOFF is a Joint Venture would fall within related Company wherein HAL is holding a 50% stake, it falls under the definition of a Related party transaction(s) and Party under SEBI LODR Regulations. whether the promoter/ promoter group/ group The transaction is not at Arm’s length. companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” 3 Industry to which the entity Service Industry - Simulator training for being acquired belongs Defence and Civil customers. 4 Objects and impact of To gain full management control, streamline acquisition (including but decision-making by converting HATSOFF into a wholly-owned subsidiary of HAL. not limited to, disclosure of reasons for acquisition of The line of business of HATSOFF aligns with target entity, if its business the main line of business of HAL. is outside the main line of business of the listed HATSOFF will be converted from a Joint entity) Venture Company to a 100% Wholly-Owned Subsidiary of HAL. 5 Brief details of any HAL has received administrative approval governmental or from MOD-DDP with due concurrence from regulatory approvals DIPAM-Ministry of Finance for acquisition of required for the acquisition full stake from CAE in HATSOFF-JV and converting it into a wholly owned subsidiary of HAL. 6 Indicative time period for Expected to be completed tentatively within completion of the 60 days from the date of signing the Share acquisition Transfer Agreement (STA). 7 Consideration - whether Nil consideration cash consideration or share swap or any other form and details of the same 8 Cost of acquisition and/or Nil consideration. the price at which the shares are acquired 9 Percentage of HAL is holding 50% stake in HATSOFF. shareholding / control Balance 50% stake representing 3,84,04,205 (Three Crore Eighty-Four Lakh acquired and / or number Four Thousand Two Hundred Five) equity of shares acquired shares, each with a face value of Rs 10/- (Rs Ten only) are being acquired from M/s CAE, Canada. 10 Brief background about Entity is involved in imparting military and the entity acquired in terms civil Helicopter pilot training through operation of simulators. of products/line of business acquired, date of Customer includes helicopter pilots from incorporation, history of IAF, Army, Navy, Coast Guard, BSF and last 3 years turnover, helicopter pilots from civil helicopter country in which the operators like Pawan Hans Limited and acquired entity has Global Vectra. presence and any other • Date of Incorporation: 16th Jan 2008 significant information (in brief) • Turnover History (Last 3 Years): Year 2023-24 2024-25 2025-26 Turnover 66.49 69.55 80.95 (Rs in Crs) 4. This is for your information and record, please. Thanking You Yours Faithfully For Hindustan Aeronautics Ltd (Shailesh Bansal) Company Secretary & Compliance Officer