Hindustan Aeronautics Ltd has informed the stock exchanges of a forthcoming Board of Directors meeting, scheduled to be held on Thursday, May 14, 2026. The intimation was issued on May 4, 2026, by Company Secretary and Compliance Officer Shailesh Bansal, in accordance with the applicable regulatory framework.

Board Meeting Details

The meeting has been convened pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary agenda includes consideration of the company's audited financial results for the quarter and year ended March 31, 2026. The notice was simultaneously filed with both major stock exchanges where the company's shares are listed.

The key details of the scheduled board meeting are summarised below:

Regulatory Compliance

The intimation was filed with BSE Limited (Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001) and National Stock Exchange of India Ltd (Exchange Plaza, Bandra-Kurla Complex, Mumbai – 400051), fulfilling the company's disclosure obligations under applicable listing regulations. The board meeting is expected to address audited financial results, along with other matters as may be taken up during the course of the meeting.

Hindustan aeronautics Limited has announced the appointment of Shri Kota Ravi as Chairman & Managing Director, effective May 1, 2026. The appointment follows a directive from the Ministry of Defence, Department of Defence Production, Government of India, dated April 30, 2026.

Regulatory Filing and Board Meeting Details

The company has informed BSE and NSE about the leadership change under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors formalized Kota Ravi's appointment during a meeting that commenced at 1230 hours and concluded at 1250 hours.

Professional Background and Qualifications

Kota Ravi brings over 30 years of experience across aerospace and defence, manufacturing, and electronics sectors. He holds a Mechanical Engineering degree from Malnad College of Engineering, Karnataka, and is an alumnus of IIM Ahmedabad and IAS, Toulouse, France.

Throughout his career at HAL, he has held several key leadership positions including:

• Executive Director and General Manager of the LCA Tejas Division
• Executive Director (Corporate Planning)
• Director (Operations)

He also serves as Nominee Director on the board of Multi-Role Transport Aircraft Ltd.

Major Achievements and Strategic Initiatives

During his tenure, Kota Ravi has been instrumental in securing several major contracts for HAL:

His strategic initiatives have focused on strengthening indigenous capabilities within the LCA Tejas programme by increasing local content and expanding production capacity in Nasik. He has also developed a robust manufacturing ecosystem by outsourcing major fuselage assemblies to private sector partners.

Operational Excellence and Innovation Focus

As the new Chairman & Managing Director, Kota Ravi is expected to drive HAL's global ambitions while transforming it into a competitive aerospace and defence enterprise. His approach emphasizes innovation, Artificial Intelligence (AI), operational excellence, and people development.

He has previously boosted fleet serviceability through customer-centric initiatives, established seamless data communication with IAF bases, and created a Single Point of Contact (SPOC) for timely customer support. His initiatives have also diversified HAL into civil manufacturing and MRO, creating new revenue streams and expanding the company's market presence.

The appointment represents continuity in HAL's strategic direction, with Kota Ravi having played a key role in securing the company's Maharatna status during his previous role as Director (Operations).