HFCL Secures Massive $72.96 Million Export Order for Optical Fiber Cables

HFCL Limited has secured substantial export orders valued at approximately USD 72.96 million, equivalent to roughly INR 656.10 crore, for the supply of Optical Fiber Cables (OFC).

This major international business was secured through the company’s overseas wholly-owned subsidiary from a renowned international customer.

This significant contract serves to reaffirm the substantial trust global customers place in the Company’s manufacturing capabilities, technological excellence, and robust product quality.

The orders specifically involve the supply of Optical Fiber Cables designed according to the specifications provided by the customer. The awarding entity is identified broadly as an “International Customer”.

The execution timeline for these high-value orders is set for completion by November 2026. HFCL confirmed that the receipt of these orders occurred during the normal course of business.

Furthermore, the company clarified that the order does not involve any related party transactions and confirmed that neither the promoter nor the promoter group has any interest in the entity that awarded the contract.

This significant order was communicated by the company, with the disclosure being signed by Manoj Baid, President & Company Secretary of HFCL Limited.

The official filing was made in accordance with the regulatory standards outlined in SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.

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