Hindustan Aeronautics Limited (HAL) is facing another significant delay in the delivery of its indigenous Light Combat Aircraft (LCA) Mk1A fighter jets, with the timeline now expected to extend beyond the May deadline.

Production Status and Delivery Challenges

According to reports, HAL has successfully built at least five LCA Mk1A fighter jets. However, these aircraft are currently not considered fit for induction into active service, leading to the anticipated delay in deliveries.

Timeline Concerns

This development marks another missed deadline for the indigenous fighter aircraft program. The delay beyond May represents a continuation of challenges that have affected the LCA Mk1A delivery schedule.

Program Implications

The LCA Mk1A represents a crucial component of India's indigenous defense manufacturing capabilities. The current delivery delays highlight the technical and operational challenges involved in developing and manufacturing advanced fighter aircraft domestically.

The situation underscores the complexities involved in bringing indigenous defense platforms from production to operational readiness, particularly in the highly technical fighter aircraft segment.

Hindustan aeronautics Limited has announced a Board of Directors meeting scheduled for February 12, 2026, to review key financial matters for the third quarter of FY2026. The meeting will address the company's audited financial results and consider dividend distribution to shareholders.

Meeting Details and Agenda

The board meeting has been scheduled for Thursday, February 12, 2026, in accordance with regulatory requirements. The primary agenda items include comprehensive review of the company's performance and shareholder returns.

Regulatory Compliance

The announcement was made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where financial results and dividend declarations are considered.

The communication was filed with both major stock exchanges on February 4, 2026, ensuring transparency and compliance with listing requirements. The company trades on BSE with scrip code 541154 and on NSE under the symbol HAL.

Financial Results Review

The board will examine the audited financial results for the quarter ended December 31, 2025, which represents the third quarter of the financial year 2025-26. This review will provide insights into the company's operational performance and financial health during the period.

Dividend Consideration

Alongside the financial results review, the board will deliberate on declaring the first interim dividend for the financial year 2025-26. This potential dividend distribution would provide returns to shareholders and reflect the company's financial position and cash flow management.

The meeting represents a significant corporate event for stakeholders, as it will provide updated financial information and potential income distribution for the current financial year.