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.

HFCL Limited's board of directors has approved significant strategic initiatives during its March 25, 2026 meeting, including a ₹555 crore fund-raising initiative through warrant issuance to promoters and establishment of a preform manufacturing facility. The board meeting, held from 3:00 p.m. to 4:45 p.m., concluded with approvals for major expansion plans and scheduled an Extra-Ordinary General Meeting for April 24, 2026.

Preform Manufacturing Facility Development

The board approved setting up a preform manufacturing facility through wholly owned subsidiary HFCL Technologies Private Limited (HTPL), forming a critical component of HFCL's backward integration strategy within its Optical Fiber Cable business. This strategic move aims to strengthen supply chain control and improve operational margins.

Warrant Issue for Strategic Fund Raising

The board approved issuance of up to 7.50 crore warrants convertible into equity shares on a preferential basis to promoter and promoter group entities, raising approximately ₹555 crore subject to shareholder and regulatory approvals.

Promoter Group Allocation and Shareholding Impact

The warrant allocation has been structured between NextWave Communications Private Limited (3.75 crore warrants) and Satellite Finance Private Limited (3.75 crore warrants). Upon full conversion, the promoter group shareholding will increase significantly.

Strategic Fund Utilization Plans

The proposed fund raise aims to strengthen HFCL's balance sheet and enhance financial flexibility as the company enters a phase of accelerated growth. The company outlined three key capital-intensive initiatives for medium-term deployment:

• Backward Integration: Investment in preform manufacturing for improved margins and supply chain strengthening
• Defense Business Scaling: Expansion of the emerging high-growth defense segment
• Working Capital Augmentation: Enhanced resources aligned with expansion programs and incremental revenue

Regulatory Compliance and Approvals

The board appointed CARE Ratings Limited as the monitoring agency for utilization of proceeds under SEBI ICDR Regulations. Mr. Baldev Singh Kashtwal, Practicing Company Secretary, was appointed as scrutinizer for the e-voting process during the Extra-Ordinary General Meeting scheduled for April 24, 2026.

The warrant issue reflects continued promoter confidence in HFCL's long-term growth strategy, with the initiative structured under Chapter V of SEBI Issue of Capital and Disclosure Requirements Regulations, 2018. The preform project remains eligible for central incentives, improving overall financial viability amid robust long-term demand outlook for optical fiber driven by 5G rollout, BharatNet initiatives, and expanding defense applications.