News

HFCL has received a purchase order worth Rs 135.09 crore from RailTel Corporation of India, under the Ministry of Railways (RailTel) for the Annual Maintenance Contract (AMC) of the project �Implementation of Secure Operations (OPS) Network� for data centers of Indian defence forces.The Company had earlier undertaken the implementation of the Secure OPS Network for Indian defence forces under a project awarded by RailTel. The Company has successfully completed the design, supply, installation, and commissioning of one central data centre and 120 mini data centres at Indian defence establishments across the Country. The scope of the project included establishment of a secure defence communication network comprising hardware, software, and data centre infrastructure, along with AI-enabled network security, and was executed in accordance with the stipulated contractual requirements and prescribed technical and security specifications. Post completion of the warranty period, RailTel has now issued the aforesaid purchase order for undertaking the AMC of the project. Under this AMC contract, the Company will provide end-to-end maintenance support services aimed at ensuring high availability, reliability, and security of the network infrastructure supporting critical defence communication operations. The scope of work includes preventive and corrective maintenance, network monitoring, incident management, performance optimization, and 24x7 technical support services.

HFCL has allotted 7.50 crore convertible warrants to NextWave Communications (promoter) and Satellite Finance (promoter group) on receipt of warrant subscription amount of Rs 18.50 per warrant (being 25% of the exercise price of Rs 74 per warrant aggregating to Rs 138.75 crore).

The board of HFCL at its meeting held on 14 May 2026 has approved the establishment of a defence manufacturing facility for manufacture of Multi-Mode Hand Grenade (MMHG) and similar other products in Sri Satya Sai District of the State of Andhra Pradesh (Defence Facility) at a total initial capital outlay of Rs 230 crore. This initiative forms part of HFCL`s long-term strategic expansion into high-value defence manufacturing, aligned with India`s national objective of achieving self-reliance (Aatmanirbharta) in defence production.

HFCL has secured domestic purchase orders worth Rs 84.23 crore for supply of optical fibre cables from one of the leading private telecom provider.

HFCL announced that the Board of Directors of the Company at its meeting held on 30 April 2026, inter alia, have recommended the final dividend of Rs 0.2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.