HFCL Limited announced an update regarding the sale of its entire stake of 2,17,594 equity shares in Nivetti Systems Private Limited. The transaction, initially expected by October 15, 2025, is now scheduled to be completed on or before December 15, 2025. This sale involves HFCL, Trinity Tech Solutions (the buyer), and Nivetti Systems. All other previously disclosed information remains unchanged.
Stake Sale Completion Update
HFCL Limited has provided an update on the sale of its complete stake in Nivetti Systems Private Limited. The sale, involving 2,17,594 equity shares, represents HFCL’s entire holding in Nivetti.
Revised Completion Timeline
The completion of the transaction, initially expected around October 15, 2025, has been revised. According to the latest announcement, the deal is now projected to finalize on or before December 15, 2025. This revised timeline is due to an addendum to the Share Purchase Agreement (SPA) executed on October 15, 2025.
Transaction Participants
The key parties involved in this transaction are HFCL Limited (the seller), Trinity Tech Solutions (the buyer), and Nivetti Systems Private Limited.
Other Details Remain Consistent
HFCL confirms that all other points disclosed in their previous communication remain unchanged. The original intimation was dated September 01, 2025, and there are no other modifications to the terms of the agreement except for the revised completion date.
Source: BSE
