Filter announcements
Loading...
HFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable (OFC).
HFCL reports its Business Responsibility and Sustainability initiatives for FY26. The company's turnover is driven by Telecom Products (56.61%) and Turnkey Contracts & Services (43.37%), with exports contributing 41% to consolidated turnover.
HFCL's Board approved a ₹400 Cr expansion to boost Optical Fiber (4.6M fkm) and OFC (14M fkm) capacities. This will meet strong demand from AI, 5G, FTTH, strengthening manufacturing and export growth. Expected completion by July 2028.
HFCL is investing ₹215 Cr for a new facility to produce 270,000 Data Center Connectivity Products annually, expected operational by 2027. This expansion targets surging global AI and cloud demand, aiming to boost exports and strengthen market presence in high-growth optical solutions.
HFCL's board cleared a Re.0.20/share dividend for FY25-26. This dividend is now subject to tax deduction at source (TDS). Shareholders need to update KYC and submit relevant tax documents to ensure accurate withholding rates or claim exemptions.
HFCL ensures smooth processing of shareholder electronic share conversions. All received requests were promptly handled, listed on exchanges, and company records updated for accurate ownership.