HFCL LIMITED — Capital/Financing Update 2025

Dec 22, 2025

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HFCL/SEC/25-26/Online Date: December 22, 2025

BSE Limited National Stock Exchange of India Limited Corporate Relations Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Fort, Mumbai 400 001 Bandra Kurla Complex, Bandra (East), Mumbai 400 051 Maharashtra, India Maharashtra, India Corp.relations@bseindia.com cmlist@nse.co.in Security Code No.: 500183 Security Code No. : HFCL

Subject: Qualified institutions placement (“QIP”) of equity shares of face value of ₹ 1 each (the “Equity Share(s)”) by HFCL Limited (the “Company”) under the provisions of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”) and Sections 42 and 62 of the Companies Act, 2013 (including the rules made thereunder), as amended (the “Issue”).

Dear Sir(s)/Madam

This is in continuation to our earlier letter dated July 25, 2025 on the above subject.

We further wish to inform you that pursuant to the approval accorded by: (i) the board of directors of the Company (the “ Board ”), at its meeting held on July 25, 2025, and (ii) the shareholders of the Company, pursuant to the special resolution passed in the Annual General Meeting held through Video Conferencing (“ VC ”) / Other Audio-Visual Means (“ OAVM ”) facility on September 15, 2025, the Fund Raising Committee of Directors (the “ Committee ”) has, at its meeting held today i.e. December 22, 2025, approved that the proposed fund raise shall be by way of issue of Equity Shares through a qualified institutions placement in accordance with the provisions of the SEBI ICDR Regulations and the Companies Act, 2013 and the rules made thereunder, each as amended.

We request you to kindly take this on records and the same be treated as compliance under Regulation 30 and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

The meeting of the Committee commenced at 10:00 a.m. and concluded at 10:10 a.m.

Thanking you

Yours faithfully For HFCL Limited Manoj Digitally signed by Manoj Baid Baid Date: 2025.12.22 10:15:04 +05'30' (Manoj Baid) President & Company Secretary

Regd. Office & Works : 8, Electronics Complex, Chambaghat, Solan-173213 (H.P.) Tel: (01792) 230644, 230645, 230647 Fax: (01792) 231902 Corporate Identity Number: L64200HP1987PLC007466