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.

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.