HFCL Merger & Restructuring Worth ₹0.01 Cr
HFCL Limited has incorporated a new wholly-owned subsidiary named HFCL Connectivity Systems Limited. The company invested ₹0.01 Crore in its initial share capital.
- Value
- ₹0.01 Cr
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HFCL Limited has incorporated a new wholly-owned subsidiary named HFCL Connectivity Systems Limited. The company invested ₹0.01 Crore in its initial share capital.
HFCL Ltd has extended the deadline for completing its stake sale in Nivetti Systems Private Limited to December 31, 2026, from the earlier September 30, 2026 date.
HFCL Ltd's Australian step-down subsidiary, HFCL Pty Ltd, has been voluntarily liquidated and deregistered. This closure has no financial impact on the company.
HFCL executed a shareholders' agreement for its subsidiary, HASPL, involving a Rs.175 Crore equity issuance. The deal includes board nomination rights and share transfer restrictions.
HFCL's subsidiary HDSPL executed an agreement to acquire Defsys's aerostructure business for Rs.25 Crore. The slump sale acquisition aims to expand the group's aerospace presence.
HFCL Ltd updated the completion timeline for acquiring shares in Nivetti Systems. The transaction is now scheduled to conclude by September 30, 2026.
HFCL is transferring its subsidiary Raddef Private Limited to another wholly-owned subsidiary for ₹75 Crore. This internal restructuring consolidates holdings without changing ultimate group control.
HFCL Limited is transferring its Thermal Weapon Sights business to its subsidiary, HASPL, for ₹50 Crore. This internal restructuring aims to consolidate defense operations.
HFCL Limited will invest ₹89.25 Crore in its subsidiary, HASPL, to consolidate its defence and aerospace operations. Post-transaction, HFCL's stake will adjust to 51.02% alongside new investors.