The promoter group of HFCL Limited has decreased its stake in the company from 31.58% to 28.29%. This reduction is due to open market sales amounting to 2,25,00,500 shares and the allotment of shares via a Qualified Institutions Placement (QIP) to eligible qualified institutional buyers on December 24, 2025. The QIP involved the issuance of 8,79,29,651 equity shares.
Promoter Stake Adjustment
The promoter group of HFCL Limited has adjusted its shareholding through a combination of open market sales and a Qualified Institutions Placement (QIP). The overall holding has decreased, impacting the total shareholding percentage within the company.
Details of Share Transactions
The total number of shares sold in the open market amounts to 2,25,00,500. These transactions, combined with the issuance of new shares via QIP, have resulted in a dilution of the promoter group’s stake. Key entities involved in selling shares include MN Ventures Private Limited, Anant Nahata, and Vinsan Brothers Private Limited.
Qualified Institutions Placement (QIP)
HFCL Limited completed a QIP on December 24, 2025, allotting 8,79,29,651 equity shares to qualified institutional buyers. This allotment has increased the company’s total equity share capital and contributed to the change in shareholding percentages.
Impact on Share Capital
Before the transactions, the total voting capital stood at 144,26,72,812 Equity Shares. After the share sales and QIP, the total equity share capital of the company has risen to 153,06,02,463 Equity Shares.
Entities Involved
Several entities within the promoter group participated in these transactions, including MN Ventures Private Limited which sold 2,05,00,000 shares, Anant Nahata who sold 20,00,000 shares, and Vinsan Brothers Private Limited which sold 6,71,600 shares.
Source: BSE
