HFCL Limited has issued a corporate guarantee of Rs 30 crore in favour of Axis Finance Limited to secure a rupee term loan facility for its subsidiary HTL Limited. The guarantee was provided on March 28, 2026, as disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Corporate Guarantee Details

The corporate guarantee has been structured to support HTL Limited's financing requirements through Axis Finance Limited. HFCL maintains a controlling stake in HTL, holding 74% of the subsidiary's paid-up share capital, while the Government of India owns the remaining 26% stake.

HTL Limited's Business Operations

HTL Limited operates in the telecommunications and connectivity solutions sector with diversified manufacturing capabilities. The subsidiary is engaged in manufacturing optical fiber cables and providing passive connectivity solutions to support telecommunications infrastructure.

The company's manufacturing portfolio includes:

• Optical Fiber Cables (OFC)
• Aramid Rods (key raw material for OFC)
• Fiber Reinforced Plastic Rods
• Impregnated Glass Fiber Reinforcement
• Electrical wiring interconnect solutions for Aerospace & Defence sectors
• Automotive & Industrial connectivity solutions

Regulatory Compliance and Financial Impact

The corporate guarantee arrangement complies with SEBI Master Circular requirements and has been executed on an arm's length basis. HFCL confirmed that apart from its shareholding in HTL, there are no other interests in the subsidiary that would affect the transaction's independence.

The corporate guarantee will be disclosed as contingent liabilities in HFCL's financial statements, ensuring transparency in the company's financial reporting. This arrangement enables HTL to access necessary financing for its business operations while maintaining HFCL's support for its subsidiary's growth initiatives.

Strategic Significance

The guarantee facility supports HTL's operational requirements in the optical fiber and connectivity solutions market. HTL's diverse manufacturing capabilities across telecommunications infrastructure, aerospace & defence, and automotive sectors position it as a comprehensive solutions provider in the connectivity space.

The financing arrangement through Axis Finance Limited, backed by HFCL's corporate guarantee, provides HTL with the financial flexibility to pursue its business objectives while maintaining the strategic relationship between the parent company and its subsidiary.

HFCL Limited has officially notified stock exchanges about institutional investor plant visits scheduled for April 06-07, 2026 at its manufacturing facilities in Hyderabad and Hosur. The company filed the notification with BSE and NSE on March 27, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Notification Details

The telecommunications equipment manufacturer submitted formal documentation to both exchanges outlining the structured investor engagement program:

Investor Interaction Framework

During the plant visits, institutional investors will engage with HFCL's senior management team through structured discussions covering general business updates and industry developments. The company has designed these interactions to accommodate both group meetings and individual one-on-one sessions based on investor preferences and requirements.

Regulatory Compliance and Information Sharing

HFCL emphasized that only information already in the public domain will be shared with investors during these visits. The company has hosted this information on its official website at www.hfcl.com in compliance with regulation 46(2)(o) of the SEBI Listing Regulations. The notification indicates that the schedule may undergo changes due to exigencies on the part of the company or investors.

Contact Information and Documentation

For further information regarding the investor visits, interested parties can contact the company through:

The official notification was signed by Manoj Baid, President & Company Secretary, and submitted to both stock exchanges for record maintenance and website dissemination. The company has requested exchanges to take the information on record and disseminate it on their respective websites.