HFCL LIMITED — Capital/Financing Update 2026

Mar 13, 2026

==> picture [530 x 118] intentionally omitted <==

HFCL/SEC/2025-26 March 13, 2026

The BSE Ltd. 1stFloor, New Trading Wing, Rotunda Building Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai – 400001 corp.relations@bseindia.com Security Code No.: 500183		The National Stock Exchange of India Ltd. Exchange Plaza, 5thFloor, C – 1, Block G Bandra – Kurla Complex, Bandra (E) Mumbai – 400051 cmlist@nse.co.in Security Code No.: HFCL

Subject: Intimation for entering into a long term supply agreement with a customer for supply of Optical Fiber Cables (OFC), worth ~USD1.10 billion (approximately USD One Billion One Hundred Million) equivalent to ~₹10,159 crores (approximately INR Ten Thousand One Hundred Fifty Nine Crore)

Dear Sir/ Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Company has entered into a five year supply agreement with a customer for the supply of high-quality, high-fibre-count Optical Fiber Cables (OFC), through its overseas wholly owned subsidiary.

The total potential value of the contract over its tenure is estimated at ~USD 1.10 billion (approximately USD One Billion One Hundred Million) equivalent to ~ ₹10,159 crores (approximately INR Ten Thousand One Hundred Fifty Nine Crore) , based on prevailing selling prices of OFC products being supplied.

This agreement marks a significant milestone, being the first instance in the Company’s history of entering into a long-term, multi-year OFC supply arrangement of this nature.

The details as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are as under:

S. No.	Particulars	Details
a)	Name of the entity awarding the order(s)/contact(s)	A global multinational corporation
b)	Significant terms and conditions of order(s)/ contract(s) awarded in brief	i) Minimum quantity of multi-million fiber kilometres (fkm) of high-quality, high-fibre-count OFC to be supplied in each Calendar Year (CY) starting from CY26 to CY28, which shall automatically extend to two additional calendar years i.e. CY29 and CY30. ii) Purchase orders will be released periodically during the contract period based on project-wise and specification-wise requirements. iii) Under the terms of the agreement, the whollyowned subsidiaryis also eligible

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

==> picture [530 x 118] intentionally omitted <==

		to supply OFC to the assignees and authorised affiliates of the customer.
c)	Whether order(s)/ contract(s) have been awarded by domestic/ international entity;	International
d)	Nature of order(s) / contract(s);	Supply of Optical Fiber Cables as per customer specifications.
e)	Whether domestic or international;	International
f)	Time period by which the order(s)/ contract(s) is to be executed	Up to December 2030
g)	Broad consideration or size of the order(s)/ contract(s);	~USD 1.10 billion (approximately USD One Billion One Hundred Million) equivalent to ~₹10,159 crore (approximately INR Ten Thousand One Hundred Fifty Nine Crore)
h)	Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/ contract(s)? If yes, nature of interest and details thereof;	No
i)	Whether the order(s)/ contract(s) would fall within related party transactions? If yes, whether the same is done at “arm’s length”	No

Given that only a limited number of manufacturers globally possess the requisite technology depth, manufacturing precision, and scale required for such complex OFC products, this engagement materially strengthens the Company’s competitive positioning and reinforces its long‑term growth outlook in the global OFC market.

We request to take the above information on your records and disseminate the same on your respective websites.

Thanking you.

Yours faithfully, For HFCL Limited

MANOJ Digitally signed by MANOJ BAID BAID Date: 2026.03.13 08:06:10 +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