HFCL Limited, along with its subsidiary HTL Limited, announced securing significant purchase orders totaling approximately ~INR 60.95 crore. These orders are for the supply of Optical Fiber Cables (OFC) to a leading Private Telecom Operator in India. The successful award of these contracts underscores HFCL’s strong manufacturing capabilities and product quality. Execution of these orders is slated to be completed by May 2026, reinforcing the company’s position in the growing telecom infrastructure segment.
Major Order Confirmation for HFCL
HFCL Limited has formally announced securing substantial purchase orders valued at approximately ~INR 60.95 crore (inclusive of applicable GST). These orders were secured by the company in conjunction with its material subsidiary, HTL Limited. The objective of these contracts is the supply of Optical Fiber Cables (OFC).
Client and Contract Specifics
The client awarding these contracts is identified only as a Domestic Telecom Service Provider, reflecting continued trust from major players in the national telecom sector. The awarded contracts fall under General Contract Conditions and involve the Supply of Optical Fiber Cables tailored to specific customer requirements. Both the awarding entity and the contract nature are confirmed as Domestic.
Execution and Financial Details
- Contract Size: ~INR 60.95 crore (inclusive of all applicable GST).
- Execution Deadline: The contracted work is scheduled to be completed by May 2026.
The management noted that these awards reaffirm stakeholder confidence in HFCL’s manufacturing excellence and technological standards. Furthermore, the company confirmed that neither the promoter nor the promoter group holds any interest in the entity that awarded these significant contracts.
Related Party Status
In compliance with regulatory disclosure requirements, the company confirmed that these purchase orders do not fall within the scope of related party transactions. The orders have been received in the normal course of business operations.
The announcement was authorized and signed on February 16, 2026, by Manoj Baid, President & Company Secretary.
Source: BSE