Dynamatic Technologies Limited has entered into a strategic partnership with Hutchinson to capitalize on India's rapidly growing aerospace market. The companies signed a Memorandum of Agreement (MoA) on March 3, 2026, combining their complementary expertise to serve global Original Equipment Manufacturers (OEMs) operating in the region.

Strategic Partnership Details

The collaboration brings together Hutchinson's advanced composite and multi-material systems expertise with Dynamatic Technologies' strong industrial capabilities in metallic aero-structures and assemblies. This strategic alliance aims to position both companies as leading partners for global aerospace OEMs seeking manufacturing solutions in India.

Market Positioning and Capabilities

Hhutchinson develops and manufactures advanced composite solutions and integrated systems, supporting OEMs from design to serial production. The company focuses on meeting demanding requirements in performance, weight reduction, sustainability, and competitiveness. Dynamatic Technologies brings proven expertise in metallic aerostructures and class 1 assemblies, demonstrating India's aerospace manufacturing capabilities on a global platform.

The partnership combines Dynamatic's industrial footprint for complex metallic structures with Hutchinson's world-class materials and systems knowledge. This collaboration is designed to support aircraft program ramp-up, address India's expanding aerospace market needs, and prepare for next-generation aircraft requirements.

Initial Work Packages

As part of the strategic cooperation, both companies have committed to immediate business exchanges. Dynamatic will award Hutchinson its first composite parts work package, while Hutchinson will provide Dynamatic with a first multi-year metallic parts contract. These initial agreements mark a strong foundation for the ongoing collaboration.

Leadership Perspectives

Hélène Moreau-Leroy, Chairman and CEO of Hutchinson, emphasized the collaboration's significance: "This collaboration reflects a shared commitment to supporting the long-term development of India's aerospace ecosystem, particularly for complex work packages and high-rate programs. India, where Hutchinson is already well established through its automotive activities, represents a fast-growing and highly promising aerospace market."

Udayant Malhoutra, CEO and Managing Director of Dynamatic Technologies Limited, highlighted the transformative nature of the partnership: "This strategic cooperation represents a transformative shift for the global aerospace supply chain combining the best of both worlds in metallics and composites. The collaboration enables OEMs to unlock new opportunities from India through value engineering, accelerated product development, and scalable manufacturing volumes."

Company Profiles

Hutchinson operates 38 production sites worldwide for its Aerospace and Defense activities, following a local manufacturing strategy. The company generated revenues of €5.0 billion in 2025 and employs 40,000 people across 25 countries. Dynamatic Technologies employs over 2,000 personnel across India and Europe, including 60 scientists and 700 engineers with expertise spanning multiple engineering disciplines.

Dynamatic Technologies Limited has successfully concluded its postal ballot process for the appointment of two Independent Directors, with shareholders demonstrating overwhelming support for both nominees. The company announced the results on February 18, 2026, following the completion of the e-voting period.

Appointment Details

The postal ballot sought shareholder approval for the appointment of two distinguished professionals as Independent Directors:

Voting Results and Shareholder Response

Both resolutions received exceptional shareholder support, with identical voting patterns for each appointment:

E-Voting Process Framework

The postal ballot was conducted entirely through remote e-voting in compliance with regulatory requirements. The process was structured according to Section 110 of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholder Participation Analysis

The voting participation showed strong institutional investor engagement across different shareholder categories:

Promoter and Promoter Group:

• Shares held: 2,843,245
• Votes polled: 2,838,307 (99.83% participation)
• Support: 100.00% in favor

Public Institutions:

• Shares held: 1,728,816
• Votes polled: 1,105,799 (63.96% participation)
• Support: 99.88% in favor

Public Non-Institutions:

• Shares held: 2,219,382
• Votes polled: 4,638 (0.21% participation)
• Support: 99.81% in favor

Regulatory Compliance and Documentation

The postal ballot process was conducted with full regulatory compliance, following MCA circulars and SEBI guidelines. The scrutinizer's report confirmed that all procedural requirements were met, including proper notice dispatch, adequate voting period, and transparent result compilation. The company has filed the results with BSE Limited and National Stock Exchange of India Limited, and made them available on its website at www.dynamatics.com .

The successful completion of this postal ballot strengthens Dynamatic Technologies' board composition with the addition of two experienced Independent Directors, reflecting strong shareholder confidence in the company's governance initiatives.