Hindustan aeronautics Limited has issued an official clarification regarding ongoing contract negotiations with Pawan Hans for the procurement of Dhruv NG helicopters. The clarification was submitted to BSE Limited and National Stock Exchange of India Limited on 28th January, 2026, in response to queries following a media report.

Contract Negotiation Status

The aerospace manufacturer confirmed that negotiations with Pawan Hans Limited are currently underway for a helicopter procurement contract. According to HAL's response to stock exchange queries, the contract is still under negotiation and is expected to be signed upon finalization of terms and conditions.

Regulatory Compliance and Disclosure

HAL emphasized its commitment to regulatory compliance in its clarification. The company stated that since the contract has not yet been signed, detailed information will be disclosed upon contract execution in line with applicable provisions of SEBI (LODR) Regulations, 2015.

The clarification addressed specific queries from stock exchanges regarding:

• Current status of negotiations with Pawan Hans
• Awareness of undisclosed information affecting trading
• Any regulatory or legal proceedings

Background and Context

The clarification was issued in reference to a news item that appeared in The Hindu Business Line dated 27th January, 2026, captioned "Made in India: Pawan Hans to procure 10 Dhruv NG Helicopters from HAL". The company's response indicates that while negotiations are progressing, no final agreement has been reached.

HAL confirmed that no regulatory or legal proceedings are applicable to this matter. The company's response demonstrates transparency in addressing market speculation while maintaining compliance with disclosure requirements.

Official Communication

The clarification was signed by Shailesh Bansal, Company Secretary & Compliance Officer, and submitted under reference number CO/SEC/4(7)/2025-26/BSE & NSE Filing/62. This formal communication ensures that investors and stakeholders have accurate information about the current status of the Pawan Hans helicopter procurement negotiations.

Hindustan aeronautics Ltd. recorded a substantial block trade on the National Stock Exchange (NSE) worth Rs. 26.97 crores, highlighting significant institutional trading activity in the aerospace and defense sector.

Block Trade Details

The transaction involved the exchange of approximately 61,161 shares at a price of Rs. 4409.70 per share. Block trades represent large-volume transactions typically executed by institutional investors, mutual funds, or other major market participants.

Market Significance

Block trades are significant market events that often reflect institutional investment decisions or portfolio rebalancing activities. Such transactions provide insights into large-scale trading patterns and institutional sentiment toward the company.

The execution of this block trade demonstrates continued institutional interest in Hindustan Aeronautics Ltd., one of India's leading aerospace and defense companies. These large-volume transactions typically occur when institutional investors seek to buy or sell substantial quantities without impacting the regular market price discovery mechanism.