HFCL Ltd

HFCL Ltd has announced that its Board of Directors will convene on October 19, 2026, to consider and approve the Un-audited Financial Results for the 2nd Quarter and Half Year ended September 30, 2026. The results will be presented on both standalone and consolidated bases for the Financial Year 2026-27. Concurrently, the trading window for designated persons, which was closed from September 30, 2026, will reopen on October 22, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

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.

HFCL Ltd has been assigned an Environmental, Social, and Governance (ESG) Rating of '58' (Adequate) and a Core ESG Rating of '64' (Strong) by Crisil ESG Ratings & Analytics Limited. This rating, communicated on September 22, 2026, reflects the company's commitment to sustainable growth, environmental stewardship, social responsibility, and robust corporate governance. CRISIL independently prepared the report based on publicly available data, and HFCL has not engaged CRISIL for this rating.

HFCL Ltd has been assigned an Environmental, Social, and Governance (ESG) rating of "70" under the "Leader" category by Niche Ninety Nine Capability and Certifications (OPC) Private Limited ('Niche99'), a SEBI registered ESG Rating Provider. The rating was assigned vide communication dated September 15, 2026. HFCL clarified that it had not engaged Niche99 for this rating, and the report was independently prepared based on publicly available data. The company became aware of the rating on September 15, 2026, after the communication was found in its junk/spam folder, following a query from BSE Limited on September 17, 2026. The rating reflects HFCL's commitment to sustainable growth, environmental stewardship, social responsibility, and corporate governance.

HFCL Ltd has issued a letter to shareholders holding shares in physical mode, reminding them to update essential details as mandated by SEBI's master circular. This includes PAN, KYC, nomination, contact, and bank account information. Failure to comply by April 01, 2024, will restrict service requests and necessitate electronic payment modes. Shareholders are urged to submit updated information via Form ISR-1 and Form SH-13 (for nomination) or ISR-3 (for opting out) to MCS Share Transfer Agents Limited. PAN must be Aadhaar-linked. The company also notes that security transfers will only be processed in dematerialized form.

HFCL Ltd announced an additional capacity expansion of 4.60 Mn Fiber Kms per annum for Optical Fiber, 5.64 Mn Fiber Kms per annum for Optical Fiber Cable, and 300 MT per annum for Preform. The estimated capital expenditure for this expansion is approximately ₹820 crore, bringing the total planned capital expenditure for capacity enhancement initiatives to approximately ₹1,800 crore. This expansion is driven by a strong order book, a robust pipeline of business opportunities, and a favorable long-term global demand outlook for optical communication infrastructure. The increased capacities are strategically aligned with growing market demands and will strengthen HFCL's position as a leading integrated manufacturer. The expansion projects are expected to be completed by July and October 2028, funded through a mix of internal accruals, debt, and proceeds from warrant issues.

HFCL Ltd announced board approval for an additional investment of approximately ₹820 crore to expand its Optical Fiber, Optical Fiber Cable, and Preform manufacturing capacities. This expansion aims to increase capacities to 43.10 million fiber kms for Optical Fiber, 62.00 million fiber kms for Optical Fiber Cable, and 600 MT for Preform per annum. The total planned capital expenditure for these initiatives, including prior approvals, now stands at approximately ₹1,800 crore. The investment is driven by a strong order book, a robust business pipeline, and favorable long-term global demand for optical communication infrastructure, particularly for AI, data centers, and telecom expansion. The expansion is expected to be completed by July-October 2028 and will be funded through internal accruals, debt financing, and proceeds from preferential issue of warrants.

HFCL Ltd has announced its 39th Annual General Meeting (AGM) will be held on September 29, 2026, at 11:00 AM IST via Video Conferencing/Other Audio Visual Means. The record date for determining eligible shareholders is September 22, 2026. The company will also submit its Annual Report for the financial year 2025-26, including the AGM notice, electronically to shareholders. Remote e-voting will commence on September 26, 2026, and conclude on September 28, 2026. Contact details for updating email IDs and participation in the AGM are provided.

HFCL Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as per SEBI Listing Regulations. The report, which forms part of the Annual Report, details the company's corporate identity, business activities contributing to 90% of turnover (Telecom Products at 56.61% and Turnkey Contract and Services at 43.37%), and operational locations. It also highlights that exports contributed 41% to the total consolidated turnover in FY26, serving over 60 countries. The BRSR is available on the company's website and has been filed in XBRL format. Bureau Veritas (India) Private Limited provided reasonable assurance on the BRSR Core.

HFCL Ltd has submitted its Annual Report for the financial year 2025-26, along with the Notice of its 39th Annual General Meeting (AGM). The AGM is scheduled for September 29, 2026, at 11:00 AM IST, conducted via Video Conferencing/Other Audio Visual Means. The Annual Report and AGM Notice will be sent to shareholders electronically. Key details for the AGM include a record date of September 22, 2026, and remote e-voting from September 26 to September 28, 2026. The filing also provides contact details for updating email IDs and for participation in the virtual AGM.