HFCL Limited has announced an update regarding the divestiture of its entire 2,17,594 equity shares stake in Nivetti Systems Private Limited. Due to an addendum to the Share Purchase Agreement (SPA), the transaction closing date has been extended. The completion is now expected on or before June 30, 2026, moving from the previously stated date of March 15, 2026. All other terms remain unchanged.
Key Disclosure on Subsidiary Divestiture
HFCL Limited has provided an update concerning the sale of its entire shareholding, comprising 2,17,594 equity shares, in Nivetti Systems Private Limited. This disclosure relates to earlier intimations made on September 01, October 15, and December 15, 2025, regarding the Share Purchase Agreement (SPA) executed with Trinity Tech Solutions (the “Buyer”).
Revised Transaction Timeline
Pursuant to an Addendum executed on March 16, 2026, the Company wishes to inform stakeholders that the closure of the transaction has been rescheduled. The completion is now planned to occur on or before June 30, 2026, which is later than the previously communicated date of March 15, 2026.
Confirmation of Unchanged Terms
It is confirmed that all other material points disclosed previously, as per the relevant regulatory framework, will remain unchanged. This confirms the continuity of the deal’s fundamental structure despite the shift in the closing schedule.
Source: BSE
