In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Hindustan Aeronautics has informed that the Company has signed an agreement with Safran Helicopter Engines SAS for setting up the joint venture to carry out business of design, development, certification, production, sale & support of helicopter engines with one of the first opportunities identified as engine for Indian Multi Role Helicopter (IMRH) & Deck Baseq Multi Role Helicopter (DBMRH) projects.
The above information is a part of company’s filings submitted to BSE.