Subsidiary19 Aug 2026, 07:50 pm
HFCL Pty Ltd, Australian step-down subsidiary, liquidated
AI Summary
HFCL Limited announced the voluntary liquidation and deregistration of its Australian step-down subsidiary, HFCL Pty Ltd, effective August 19, 2026. The company stated that HFCL Pty Ltd had no business operations, and therefore, its liquidation will not have any financial impact on HFCL Limited's business. The net worth of the subsidiary as of March 31, 2026, was a negligible ₹(0.09) crore, with no revenue contribution. This action is in compliance with SEBI Listing Regulations.
Key Highlights
- Australian step-down subsidiary HFCL Pty Ltd has been liquidated.
- Liquidation is effective August 19, 2026.
- Subsidiary had no business operations or financial impact.
- Net worth was ₹(0.09) crore with nil revenue contribution.
Price Impact
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