HFCL Board Approves ₹700 Cr Fundraise

  Published 8 months ago

HFCL approves fundraising up to ₹700 crore to capitalize on telecom and defence growth, and strengthen its financial position.

  • Fundraising may include equity shares or other instruments, issued in one or more tranches or combinations.
  • Proceeds to support expansion, acquisitions, debt repayment, and general corporate purposes.
  • Aims to boost capital base and pursue strategic opportunities in emerging high-growth sectors.

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