VL E-Governance signs binding term sheet for acquisition of 26 per cent equity stake in HETL (Joint Venture of Hindustan Aeronautics Limited (HAL))

Mumbai (Maharashtra) [India], July 22: VL E-Governance & IT Solutions Limited (VL E-Governance) has entered into a binding term sheet with Edgewood Ventures LLC, USA for acquisition of 26 per cent equity stake in HAL-Edgewood Technologies Private Limited (HETL).