HFCL Extends Nivetti Systems Divestment Deadline to Dec 2026

HFCL Ltd has announced an extension for the completion of its proposed sale of its entire stake in Nivetti Systems Private Limited. The transaction, initially slated for completion by September 30, 2026, will now be concluded on or before December 31, 2026. This extension is pursuant to an Addendum to the Share Purchase Agreement (SPA) executed between HFCL, the buyer Trinity Tech Solutions, and Nivetti. All other terms and conditions of the original SPA remain unchanged. This move indicates a revised timeline for the divestment, potentially impacting HFCL's cash flow and strategic focus in the short to medium term.