HFCL Limited has announced an upcoming Board Meeting scheduled for Wednesday, March 25, 2026. The primary agenda item is the consideration and evaluation of a proposal to raise funds by issuing warrants on a preferential basis exclusively to the Promoter(s) or Promoter Group entities. Concurrently, the company has announced a mandatory closure of the Trading Window for Designated Persons starting March 21, 2026, which will reopen on March 30, 2026.
Advance Notice for Board Meeting
HFCL Limited hereby informs stakeholders that a meeting of the Board of Directors has been officially scheduled to take place on Wednesday, March 25, 2026. This meeting is being convened to discuss and evaluate a crucial financial proposal.
Key Agenda Item: Preferential Issue of Warrants
The Board will specifically consider and evaluate a proposal for raising capital through the issuance of warrants. These warrants will be convertible into equity shares and will be allotted on a preferential basis directly to the existing Promoter(s) or Promoter Group entity(ies) of the Company. The successful execution of this plan remains subject to subsequent approval from the shareholders and any necessary regulatory or governmental clearances.
Trading Window Closure Announcement
In adherence to the internal code of conduct regarding insider trading, the Company has also notified the closure of the Trading Window. The window for dealing in the securities of HFCL will be closed for all Designated Persons, including their immediate relatives and other Insiders, effective from March 21, 2026. The Trading Window is set to be reopened on March 30, 2026.
The company requests that the stock exchanges take this information on record and publish it on their respective websites for public dissemination.
Source: BSE
