HAL to acquire full stake in HATSOFF

Hindustan Aeronautics Limited (HAL) is acquiring the remaining 50% stake in HATSOFF, a helicopter simulator training joint venture with CAE, Canada. The move aims to bring the training facility under full management control to streamline operations.
Why it matters
Full ownership allows HAL to better integrate specialized simulator training into its core defense and civil aviation business strategy.
The Helicopter Academy to Train by Simulation Flying (HATSOFF), which has been imparting simulator training to military and civil helicopter pilots, will be fully acquired by Hindustan Aeronautics Limited (HAL).
HATSOFF is a 50:50 joint venture between HAL and CAE, Canada, and began operations in 2010.
The Bengaluru-headquartered defence PSU has now entered into an agreement with the latter for the acquisition of its 50% stake in the training institute.
In a regulatory filing dated October 2, 2026, HAL said it had entered into an agreement for the acquisition of a 50% stake in HATSOFF and would acquire 3,84,04,205 equity shares, each with a face value of ₹10, from CAE, Canada.
“Upon transfer of the above-referred shares, HATSOFF Helicopter Training Pvt. Ltd. will become a 100% wholly owned subsidiary of HAL,” it said in the filing.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in