HFCL | QIP Approval Update

HFCL has approved a Qualified Institutions Placement (QIP) of equity shares. • Board Approval: July 25, 2025 • Shareholders’ Approval: September 15, 2025 • Regulatory Framework: Fundraising to be conducted under SEBI ICDR Regulations & Companies Act, 2013 • Committee Meeting: Commenced at 10:00 a.m. Concluded at 10:10 a.m.