
HAL share price is expected to remain in focus after the company announced a key leadership transition involving the retirement of its Chairman & Managing Director and the appointment of a new CMD.
Hindustan Aeronautics Limited (HAL) informed that Dr. D K Sunil has ceased to be Chairman & Managing Director following his superannuation on April 30, 2026.
He had served in the role since September 2024, including an earlier period under additional charge, marking the end of his tenure at the company.
The company’s Board has appointed Shri Kota Ravi, who was serving as Director (Operations), as the new Chairman & Managing Director with effect from May 1, 2026.
His appointment has been made based on directions from the Ministry of Defence, Department of Defence Production.
Kota Ravi will serve as CMD until June 30, 2029, or until further orders, whichever is earlier. The appointment is at an executive level and aligns with the company’s leadership continuity plans.
The company also confirmed that he is not related to any other director and is not debarred from holding the position under any regulatory authority.
Kota Ravi brings over 3 decades of experience across aerospace, manufacturing, and electronics sectors. He has held multiple leadership roles within HAL, including Executive Director and General Manager of the LCA Tejas division.
During his tenure, he played a key role in major defence contracts, including supply agreements for LCA Tejas aircraft and LCH Prachand helicopters, while also contributing to operational improvements and indigenous capability development.
The leadership transition comes at a time when HAL continues to expand its role in India’s defence and aerospace ecosystem, with a focus on indigenous manufacturing, execution of large defence orders, and capacity expansion.
Read More: HAL Share Price in Focus as HAL–GE F-414 Engine Deal Moves Ahead!
As of 30 April 2026, HAL share price closed at ₹4,330.00 per share, reflecting a decline of 0.5% from the previous closing price.
HAL’s leadership change marks a transition phase, with the appointment of Kota Ravi expected to ensure continuity in execution and strategic direction.
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Published on: May 2, 2026, 10:59 AM IST

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