HFCL Limited , a prominent player in the telecommunications sector, has taken a significant step to support its subsidiary, HTL Limited. The company has issued a corporate guarantee of Rs 20 crore in favor of Bajaj Finance Limited to secure a term loan facility for HTL. This move underscores HFCL's commitment to fostering growth within its group companies.

Key Details of the Corporate Guarantee

About HTL Limited

HTL Limited, the beneficiary of this corporate guarantee, is a key player in the optical fiber and connectivity solutions industry. The company's operations encompass:

1. Manufacturing of Optical Fiber Cables (OFC)
2. Production of passive connectivity solutions
3. Manufacturing of key OFC raw materials:
   • Aramid Rods
   • Fiber Reinforced Plastic Rods
   • Impregnated Glass Fiber Reinforcement
4. Provision of electrical wiring interconnect solutions for:
   • Aerospace and Defense sectors
   • Automotive and Industrial sectors

Financial Implications

HFCL has confirmed that the corporate guarantee has been provided on an arm's length basis. This transaction will be reflected in HFCL's financial statements as a contingent liability, in line with standard accounting practices for such guarantees.

Regulatory Compliance

In adherence to regulatory requirements, HFCL has duly informed the stock exchanges about this development. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This strategic move by HFCL to support its subsidiary's financial needs demonstrates the company's confidence in HTL's growth prospects and its commitment to strengthening its group companies' position in the competitive telecommunications and connectivity solutions market.

HFCL Limited , a prominent player in the telecommunications sector, has announced an extension to the timeline for selling its entire stake in Nivetti Systems Private Limited. This development comes as part of the company's ongoing strategic initiatives.

Key Details of the Extension

Transaction Overview

HFCL Limited has revised the completion date for the sale of its entire shareholding in Nivetti Systems Private Limited. The company disclosed this information through a regulatory filing to the stock exchanges, in compliance with the Securities and Exchange Board of India (SEBI) Listing Regulations.

Unchanged Terms

Apart from the extended timeline, all other terms and conditions of the original agreement remain unchanged. These terms were initially disclosed to the public in September 2025 when the Share Purchase Agreement was first executed.

Regulatory Compliance

The company has adhered to the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, in making this disclosure. This demonstrates HFCL's commitment to maintaining transparency with its stakeholders and complying with regulatory requirements.

Concluding Remarks

As HFCL moves forward with this transaction, investors and market watchers will likely keep a close eye on the developments leading up to the new completion date. The extension provides additional time for both parties to finalize the deal, potentially ensuring a smoother transition of ownership for the Nivetti Systems stake.