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HFCL Limited has announced securing new export orders valued at approximately USD 40.65 million, equivalent to around INR 358.38 crore, for the supply of optical fiber cables (OFC). These orders were obtained through the company’s overseas wholly-owned subsidiary.
The orders are for the supply of various types of Optical Fiber Cables, tailored to specific customer requirements. The entity awarding the orders is an overseas customer, making these international contracts.
The company stated that these significant orders underscore the confidence international customers place in HFCL‘s manufacturing capabilities and the quality of its products.
By April 2026, these orders are expected to be fully executed. HFCL has confirmed that the promoter, promoter group, or group companies do not hold any interest in the entity that awarded these orders.
Furthermore, these transactions do not fall under related party transactions, affirming they were conducted at “arm’s length”. The company noted that these orders were received in the normal course of business.
HFCL Compliance:
The announcement was signed by Manoj Baid, President & Company Secretary for HFCL Limited. The details were provided to The BSE and The NSE.
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