Hindustan Aeronautics Limited is a defence sector based public company operating from Bangalore.
HAL has 20 production divisions and 11 R&D centers.
Date of establishment: HAL was established in 1963
Product & Service Offering: HAL is engaged in the design, development, manufacturing and maintenance of aircrafts, helicopters, aero engines, avionics, and aerospace structures
Promoters of Hindustan Aeronautics ltd.: President of India is the promoter of HAL through department of defence production, ministry of defence.
Customer segment: HAL provide services to defence services, state governments, para-military forces and private sector corporations.
Objects of the Issue:
The purpose of the offer is to :
- Carry out the disinvestment of equity shares by the selling shareholders
- Achieve the benefits of listing the equity shares on the exchanges