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Hindustan Aeronautics Ltd logo

Hindustan Aeronautics Ltd

NSE: HAL BSE: 541154

4376.90

(-5.25)%

Sun, 01 Feb 2026, 04:34 pm

hindustan aeronautics ltd History

1940

  • Hindustan Aircraft Limited, a company incorporated on December 23, 1940 under the Companies Act, 1913

1963

  • The company was incorporated on August 16, 1963 as Aeronautics India Limited, a private limited company under the Companies Act, 1956

1964

  • Hindustan Aircraft Limited was amalgamated with the company pursuant to the order of the Company Law Board dated September 28, 1964
  • The name of the company was changed to Hindustan Aeronautics Limited, by a certificate of change of name issued by the Registrar of Companies, Maharashtra dated December 5, 1964 with effect from October 1, 1964

1970

  • Company established the Helicopter factory at Bangalore

1983

  • Company established the Korwa Division for Advanced Avionics at Korwa, Uttar Pradesh

1995

  • The status of the company was changed to public limited company by a special resolution of the members of the company passed at the Extra Ordinary General Meeting held on July 10, 1995

1998

  • Company established the Industrial and Marine Gas Turbine Division for aeroderivative gas turbines and industrial engines at Bangalore

2000

  • Company established the Airport Service Centre at Bangalore

2006

  • Company upgraded the Barrackpore Branch Factory to a Division

2007

  • The company was notified as a Navratna company by the Department of Public Enterprises, GoI through notification bearing number DPE OM No. 26(3)/2005-GM-GL-86

2008

  • Company created a separate Helicopter Complex

2015

  • Restructuring of all R&D Centres under Design Complex

2016

  • Upgradation of the Korwa branch of Aerospace Systems and Equipment Research and Design Centre to an R&D Centre
  • 100% subsidiary of the company, Naini Aerospace Limited, incorporated on December 29, 2016

2017

  • A subsidiary of the company, Indo-Russian Helicopters Limited, initially formed as a joint venture by a Shareholders’ Agreement dated October 15, 2016, incorporated on May 2, 2017

2018

  • Hindustan Aeronautics today launched an initial public offer to raise up to Rs 4,230 crore, through which government will divest up to 20.20 per cent in the Maharatna company
  • IEI Industry Excellence Award 2018 for demonstrating highest order of Business Excellence
  • ‘Make in India Excellence for UDAN’ Award during ‘Aero MRO India 2018’

2019

  • Governance Now 7th PSU award for ‘Research and Innovation’ category for the year 2019
  • HAL places order with Thales for 2.75-inch rocket launchers to equip Indian armed forces

2020

  • HAL inks pact with Israeli firm to develop UAV
  • HAL Produced FOC Standard LCAs Join IAF Stable

2021

  • Awarded first rank (Gold Category) by Government eMarketplace (GeM) of Ministry under CPSE category for the order volume placed by HAL through the GeM portal during the year 2020-21
  • IEI Industry Excellence Award 2021 by virtue of demonstrating a higher order of business excellence

2022

  • HAL Signs Contract for Export of ALH to Mauritius
  • HAL and Safran Sign Strategic MoU during Ground-Breaking Ceremony of HE-MRO at Goa
  • HAL and Israel Aerospace Industries Sign MoU for MMTT
  • HAL Signs Contract with Nigerian Army for Phase II Training on Chetak Helicopter
  • HAL Signs Contract Worth Over $100 Million with Honeywell for HTT-40 Engines

2023

  • Hindustan Aeronautics to collaborate with GA-ASI
  • The Company has splits its face value from Rs. 10/- to Rs. 5/-

2024

  • ISRO Chairman Inaugurates HAL Facilities to Support LVM3 Program
  • HAL Delivers First AL-31FP Aero Engine of Su 30MKI to IAF Under New Contract

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