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HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of Order

 We are pleased to inform all the stakeholders that the Company has received the Purchase Order (PO) of Rs.119.14 Crores, from one of the network and engineering service provider, for supply of Optical Fibre Cables (OFC). The details as required under Regulation 30 of the SEBI Listing Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD4/2015 dated 9th September, 2015, are as per attached letter.
22-12-2021
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HFCL Ltd - 500183 - Shareholding for the Period Ended December 10, 2021

 HFCL Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 10, 2021. For more details, kindly Click here
16-12-2021
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HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

 We are pleased to announce to all our stakeholders that HFCL Limited has raised Rs.600 crores via QIP issue. The Fund Raising Committee of Directors at its meeting on December 10, 2021, approved the issue and allotment of 8,72,72,727 Equity Shares to 21 qualified institutional buyers at the issue price of Rs. 68.75 per Equity Share (including a premium of Rs.67.75 per Equity Share), aggregating to Rs.600 crores approx. The trading of the newly allotted equity shares has commenced from today i.e. December 14, 2021 at the National Stock Exchange of India Limited and the BSE Limited. We are also enclosing a Press Release in this connection.
14-12-2021

Reliance raises stake in HFCL to 5% through QIP

 HFCL, previous Himachal Futuristic Communications Ltd., in an exchange filing, stated that its board had given a nod to allot around 87.3 million equity shares at a price of Rs 68.75 each to qualified institutional buyers.
10-12-2021
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HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Allotment

 The Fund Raising Committee of Directors ("Committee") at its meeting held today, i.e., December 10, 2021, approved the issue and allotment of 8,72,72,727 Equity Shares to 21 qualified institutional buyers at the issue price of Rs. 68.75 per Equity Share (including a premium of Rs. 67.75 per Equity Share), aggregating to Rs. 600 crores (approx.), pursuant to the Issue.
10-12-2021
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HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Qualified Institutional Placement

 The Fund Raising Committee at its meeting held today i.e. December 09, 2021, has, inter alia, passed the following resolutions: a. Closure of the Issue today pursuant to the receipt of application forms and the funds in the escrow account from the eligible qualified institutional buyers; b. Determined and approved the allocation of 8,72,72,727 Equity Shares at an Issue price on Rs.68.75 per Equity Share [which is at a discount of Rs.3.58 per Equity Share i.e. 4.95% to the floor price of Rs.72.33 per Equity Share, (including a premium of Rs.67.75 per Equity Share) for the Equity Shares to be allotted to the eligible qualified institutional buyers in the Issue; c. Finalised the confirmation of allocation note to be sent to eligible qualified institutional buyers, intimating them of the allocation of Equity Shares ; d. The placement document dated December 09, 2021; and e. Approving issuance of refund intimation letter to the bidders who are entitled to receive the refund amount, if any.
09-12-2021
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HFCL Ltd - 500183 - Closure of Trading Window

 We also wish to inform you that a meeting of the Committee is scheduled to be held on or after December 09, 2021, inter alia, to consider and approve the Issue price, including a discount if any thereto, as permitted under the SEBI ICDR Regulations and pursuant to the approval of the shareholders of our Company accorded through their special resolution passed in the Annual General Meeting held on September 30, 2021, for the Equity Shares to be allotted to qualified institutional buyers, pursuant to the Issue. Please note that the trading window for dealing/trading in the equity shares of the Company by the Designated Persons of the Company will be closed with immediate effect until December 13, 2021, for the purpose of the Issue.
06-12-2021
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HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Qualified Institutional Placement

 The Fund Raising Committee of Directors (the "Committee") has, at its meeting held today i.e. December 06, 2021, inter alia, approved that the proposed fund raise shall be by way of a qualified institutions placement of Equity Shares in accordance with the SEBI ICDR Regulations and the Companies Act, 2013 and the rules made thereunder, each as amended and passed the following resolutions in connection with the Issue: a. Authorizing the opening of the Issue today, i.e. December 06, 2021; b. Approving the floor price for the Issue, being Rs.72.33 per Equity Share ("Floor Price"), based on the pricing formula as prescribed under the SEBI ICDR Regulations; and c. Approving and adopting the preliminary placement document dated December 06, 2021, together with the application form in connection with the Issue.
06-12-2021
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HFCL announces new CTO, VP-Sales (DACH Europe) for OFC business

 The company aims to garner scale globally with the appointment of the two industry veterans
01-12-2021
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HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

 We are pleased to announce to all our stakeholders that HFCL Limited has announced the appointment of two industry veterans, Dr. Peter A Weimann as the CTO and Mr. Jochen Arms as the Vice President - Sales (DACH Europe) for the Optical Fiber & Cable (OFC) business, in its two recently incorporated whollyowned subsidiaries in USA and Netherlands to bolster its international presence and unleash non-linear growth for the Company in the global markets. We are also enclosing a Press Release in this connection.
01-12-2021
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