HFCL Limited, a leading technology enterprise, has announced a significant boost to its order book.
In a regulatory filing, the company revealed that it, along with its material subsidiary HTL Limited, has secured purchase orders worth approximately INR 60.95 crore for the supply of Optical Fiber Cables (OFC).
The orders were awarded by one of India’s leading private telecom operators, further solidifying HFCL’s position as a preferred partner in the country’s digital infrastructure rollout.
Key Highlights of the Deal:
- Total Order Value: ~INR 60.95 crore (including applicable GST).
- Product: Supply of Optical Fiber Cables tailored to customer specifications.
- Execution Timeline: The contract is slated for completion by May 2026.
- Entity Type: Domestic Telecom Service Provider.
According to the company, these significant orders serve as a testament to the manufacturing capabilities, technological excellence, and product quality that HFCL maintains.
The company emphasized that this contract was received in the normal course of business.
For investors tracking the stock, the disclosure highlights a clean transaction structure:
- No Promoter Interest: The promoter and promoter group have no interest in the entity that awarded the contract.
- Arm’s Length Transaction: The deal does not fall within related party transactions.
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