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Twenty First Century Management Services Ltd

Hindustan Aeronautics Ltd

BSE : 541154|NSE : HAL|ISIN : INE066F01020

Hindustan Aeronautics Ltd Company History

Hindustan Aeronautics is engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.

1964
1970
1983
1998
2000
2006
2008
2015
2016
2017
2018
2019
2020
2021
2022
2023

1964

Hindustan Aircraft Limited was amalgamated with the company pursuant to the order of the Company Law Board dated September 28, 1964

1964

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1970

Company established the Helicopter factory at Bangalore

1970

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1983

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

1983

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1998

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

1998

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2000

Company established the Airport Service Centre at Bangalore

2000

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2006

Company upgraded the Barrackpore Branch Factory to a Division

2006

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2008

Company created a separate Helicopter Complex

2008

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2015

Restructuring of all R&D Centres under Design Complex

2015

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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

2016

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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

2017

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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’.

2018

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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.

2019

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2020

HAL inks pact with Israeli firm to develop UAV.

HAL Produced FOC Standard LCAs Join IAF Stable.

2020

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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.

2021

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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.

2022

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2023

Hindustan Aeronautics to collaborate with GA-ASI.

The Company has splits its face value from Rs. 10/- to Rs. 5/-.

2023

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