HFCL reschedules Nivetti stake sale completion to Sep 30, 2026

HFCL Limited has extended the timeline for the sale of its entire shareholding in Nivetti Systems Private Limited, with the transaction now scheduled for completion on or before September 30, 2026. The company had previously targeted June 30, 2026, as the closing date for this divestment. The decision to reschedule follows the execution of an addendum to the Share Purchase Agreement (SPA) among HFCL Limited , Trinity Tech Solutions, and Nivetti Systems Private Limited.

The transaction involves the sale of 2,17,594 equity shares, representing the company's complete stake in Nivetti. HFCL had previously informed the exchanges regarding the execution of the SPA on September 01, 2025, and provided subsequent updates on October 15, 2025, December 15, 2025, and March 16, 2026.

Transaction Details

The key details of the stake sale are outlined below:

Parameter	Details
Target Company	Nivetti Systems Private Limited
Buyer	Trinity Tech Solutions
Shares Sold	2,17,594 equity shares
Stake Sold	Entire stake
Revised Completion Date	September 30, 2026
Original Completion Date	June 30, 2026

HFCL confirmed that all other disclosures made in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, remain unchanged. These details were initially communicated to the stock exchanges on September 01, 2025.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.54%	-0.09%	+12.24%	+196.85%	+137.87%	+207.19%

HFCL has recorded multiple block trades on the National Stock Exchange (NSE) across recent sessions, reflecting sustained institutional-level activity in the stock. The transactions span varying price levels and share volumes, underscoring continued large-participant interest in the counter. The latest trade at Rs. 204.25 per share, involving approximately 957,908 shares worth Rs. 19.57 crores, adds to an ongoing series of significant block deal activity.

Block Trade Details

The following table summarizes the key parameters of all block trades recorded on the NSE:

Parameter:	Trade 1	Trade 2	Trade 3	Trade 4	Trade 5	Trade 6	Trade 7	Trade 8	Trade 9	Trade 10
Exchange:	NSE	NSE	NSE	NSE	NSE	NSE	NSE	NSE	NSE	NSE
Number of Shares:	~1,373,325	~3,862,220	~1,059,440	~1,103,564	~2,672,129	~2,441,002	~1,642,502	~1,480,268	~2,697,474	~957,908
Trade Price:	Rs. 161.14 per share	Rs. 160.66 per share	Rs. 171.86 per share	Rs. 180.45 per share	Rs. 209.61 per share	Rs. 208.54 per share	Rs. 209.61 per share	Rs. 219.69 per share	Rs. 213.46 per share	Rs. 204.25 per share
Total Trade Value:	Rs. 22.13 crores	Rs. 62.05 crores	Rs. 18.21 crores	Rs. 19.91 crores	Rs. 56.01 crores	Rs. 50.90 crores	Rs. 34.43 crores	Rs. 32.52 crores	Rs. 57.58 crores	Rs. 19.57 crores

Nature of Block Trades

Block trades of this scale are typically associated with large institutional investors or high-net-worth participants executing significant positions outside the regular order book. Such transactions are carried out through the block deal window provided by the exchange, ensuring minimal market impact during execution. The latest trade at Rs. 204.25 per share continues to reflect activity within the broader Rs. 200–220 range seen in the most recent preceding trades, while remaining significantly above the earlier transactions executed in the Rs. 160–180 range.