Hindustan Aeronautics Limited (HAL) has filed an official clarification with stock exchanges regarding media reports about changes to the Advanced Medium Combat Aircraft (AMCA) program. The company responded to queries from BSE and NSE following news reports suggesting HAL would not build the AMCA aircraft.

Regulatory Filing Details

The company's filing addressed media reports published on business-standard.com titled "HAL won't build AMCA; competition between Tata, L&T and Kalyani now: Source." HAL's response to exchange queries was structured in a formal table format:

Official Communication Status

HAL confirmed that it has not received any official communication from the Defence Research and Development Organisation (DRDO) regarding the reported changes to the AMCA program. The aerospace manufacturer emphasized that without formal communication from DRDO, the company cannot provide comments on the media reports.

AMCA Program Context

The Advanced Medium Combat Aircraft represents a significant initiative in India's indigenous defense manufacturing sector. The program traditionally involves collaboration between DRDO as the primary research and development agency and HAL as a key manufacturing partner. The recent media reports suggested potential changes to this established partnership structure.

Regulatory Compliance

The filing was submitted under Regulation 30 of SEBI (LODR) Regulations, 2015, demonstrating HAL's commitment to maintaining transparency with investors and regulatory authorities. The company secretary Shailesh Bansal signed the official communication to both major stock exchanges.

Hindustan aeronautics Limited has issued a regulatory clarification to stock exchanges regarding recent news coverage of defense PSU stock price movements. The company submitted this communication under Regulation 30 compliance requirements on January 28, 2026.

Regulatory Communication Details

The clarification was addressed to both major Indian stock exchanges through a formal letter numbered CO/SEC/4(7)/2025-26/ BSE & NSE Filing/64. Company Secretary and Compliance Officer Shailesh Bansal signed the communication on behalf of HAL.

Stock Movement Context

The company specifically addressed the broader defense PSU sector performance in its clarification. HAL noted that defense PSU stocks experienced significant increases exceeding 5 percent during the trading session. However, the company emphasized its position that this sector-wide movement has no material impact on HAL's individual stock price.

Company's Position

Hindustan Aeronautics Limited stated that based on their understanding and assessment, the news items referenced in the clarification do not significantly impact the company's stock price. This stance was communicated as part of the company's ongoing compliance with regulatory disclosure requirements.

Previous Clarification Reference

The current communication builds upon an earlier clarification issued by the company on the same date. The letter specifically referenced the previous clarification numbered CO/SEC/4(7)/2025-26/ BSE & NSE Filing/62, indicating ongoing regulatory dialogue regarding market movements and news coverage.

The clarification was submitted for information and record purposes, maintaining HAL's commitment to transparent communication with stock exchanges and regulatory compliance under applicable securities regulations.