HFCL Subsidiary HTL Secures Rs.1366 Crore Optical Fiber Order
Filing Summary
HFCL Ltd announced that its material subsidiary, HTL Limited, has secured orders worth approximately Rs.1366 crore from a Tier-1 customer. The orders involve the supply of optical fiber cables and are expected to be executed by December 2026. The orders are domestic and fall under general contract conditions. There is no involvement of related party transactions, and the promoter group has no interest in the awarding entity. This development is part of HFCL’s ongoing business operations.
HFCL Ltd has disclosed that its material subsidiary, HTL Limited, has received orders valued at approximately Rs.1366 crore. These orders are for the supply of optical fiber cables to a Tier-1 customer. The orders are scheduled for execution by December 2026.
The orders are domestic and are governed by general contract conditions. The transaction does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the orders.
The orders were received in the normal course of business, indicating ongoing operations within HFCL’s business framework. The company has requested that this information be recorded and disseminated on the respective websites of the stock exchanges.
HTL Limited is a subsidiary of HFCL Ltd, focusing on the manufacturing and supply of optical fiber cables. The company operates within the telecommunications sector, providing essential infrastructure components.
HFCL Ltd is engaged in the manufacturing and supply of telecommunications equipment and solutions. The company focuses on expanding its product offerings and enhancing its technological capabilities to meet the demands of the telecommunications industry.