Hindustan Aeronautics (HAL) has received an approval from the Competent Authority for enhancement of working capital limit from Rs 7,300 crore to Rs 12,050 crore including issuance of commercial papers of maximum of Rs 5000 crore, as sanctioned by SBI and other Consortium Banks.
HAL is Bengaluru based Defence Public Sector Undertakings (DPSU) Company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.
